Big fuel price rollback expected anew

Oil companies announced another hefty fuel price rollback effective Tuesday. In separate advisories, oil firms reduced the price of gasoline by P1.95 per liter, diesel by P1.90 per liter and kerosene by P1.65 per liter. This is the third straight week that prices of petroleum products have gone down. Last week, the price of gasoline dropped by 85 centavos per liter. Diesel and kerosene prices decreased by P3.95 per liter and P2.65 per liter, respectively. Cumulative adjustments now stand at P14.95 per liter for gasoline, P28 per liter for diesel and P23.55 per liter for kerosene.

—Jordeene B. Lagare