Fuel prices expected to go down next week — DOE

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Motorists may look forward to a reduction in fuel pump prices next week, according to the Department of Energy and oil industry sources on Saturday.

DOE-Oil Industry Management Bureau Assistant Director Rodela Romero told GMA News Online that "there will be a rollback in the prices of petroleum products" based on the oil trading in the past four days.

In its fuel forecast for June 6–12, 2023, Unioil Petroleum Philippines said diesel prices may be cut by P0.20 to P0.30 per liter, while gasoline prices may go down by P0.40 to P0.60 per liter.

 

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