Motorists should brace for mixed fuel price adjustments in the first week of February, according to the Department of Energy’s Oil Industry Management Bureau (DOE-OIMB).
Diesel prices are expected to roll back significantly by ₱1.30 to ₱1.60 per liter, while kerosene may see a reduction of ₱0.85 to ₱1.00 per liter.
On the other hand, gasoline prices are set to increase by ₱0.40 to ₱0.70 per liter.
Oil companies are expected to announce the final adjustments on Monday.
