Unioil expects diesel price to drop by P10, gasoline by P5
FILE PHOTO
MANILA, Philippines — Unioil is expecting a big-time rollback in prices of diesel and gasoline next week.
In an advisory, Unioil said diesel prices may decrease by P10.70 to P10.90 per liter.
Article continues after this advertisement
Meanwhile, the price of gasoline may drop by P5.10 to P5.30 per liter.
FEATURED STORIES
Local pump prices currently range from P70 to P80 per liter, depending on the grade.
Energy Secretary Alfonso Cusi earlier said that if the current trading trend is sustained, local prices could drop by at least P12 a liter for diesel and P5 for gasoline next week.
Article continues after this advertisement“We are really expecting a huge decrease next week… Hopefully with the trend, if it continues to be like that, then the price will continuously go down,” Energy Undersecretary Gerardo Erguiza Jr. likewise said.
/MUF
Your subscription could not be saved. Please try again.
Your subscription has been successful.
READ NEXT
EDITORS' PICK
