Philippines Oil Prices to See Major Rollbacks This Week
Major price rollbacks for gasoline, diesel, and kerosene are set to take effect in the Philippines starting November 10. Gasoline will see the largest reduction at P16.80 per liter, largely attributed to easing concerns over Middle East oil supplies due to US political developments and a stronger peso.
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Fuel prices in the Philippines are set for a significant rollback starting November 10, with gasoline dropping by at least P16.80 per liter, diesel by P4.10, and kerosene by P3.70. This follows international market price fluctuations and renewed hope for eased US-Iran tensions.