Higher diesel rollback of ₱6.50/liter seen next week amid ceasefire

MANILA, Philippines — A massive diesel fuel rollback reaching up to P6.50 per liter is expected next week, amid the two-week US-Iran ceasefire. An industry source stated that based on the first four trading days this week, diesel prices could drop by P5.50 to P6.50 a liter. This is higher than the earlier estimate of P2.50 to P3.50 per liter for diesel.  Gasoline prices, meanwhile, may stay the same or dip by just P1 a liter.  Projections could still change, however, with one more trading session left this week.  Industry players earlier said any easing in prices could be temporary […]... Keep on reading: Higher diesel rollback of ₱6.50/liter seen next week amid ceasefire

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