Another fuel price rollback eyed next week

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Metro Manila (CNN Philippines, March 25) – Fuel prices are expected to go down anew next week, a forecast said Saturday.

In its advisory, Unioil Petroleum Philippines said diesel prices may decrease by ₱1.00 to ₱1.20 per liter, while gasoline costs may be reduced by ₱0.60 to ₱0.75 per liter.

Oil firms last implemented a fuel price rollback on March 20.

READ: Fuel price cut set this week

The forecasted price adjustments will take effect on March 28 to April 3, 2023, Unioil said.

The Department of Energy's oil price monitoring showed as of March 14, year-to-date net decrease for diesel prices was at ₱1 per liter and kerosene at ₱1.65 per liter. Gasoline prices, meanwhile, had a net increase of ₱6.70 per liter.