In an announcement by the Department of Energy (DOE), motorists can expect a rollback in oil prices starting tomorrow, February 11.
This follows the oil price adjustment from last week.
According to Rodela Romero, Assistant Director of the DOE’s Oil Industry Management Bureau, fuel prices will decrease by 10 centavos per liter for both gasoline and diesel. Meanwhile, kerosene will see a larger reduction of 30 centavos per liter.
Details of the Oil Price Rollback:
- Gasoline: -₱0.10 per liter
- Diesel: -₱0.10 per liter
- Kerosene: -₱0.30 per liter
This price adjustment comes after recent fluctuations in the global oil market.
Consumers are advised to check their fuel stations for updated prices.
