Fuel price rollback expected next week

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Metro Manila (CNN Philippines, November 20)— Prices of petroleum products are expected to go down again next week, according to industry projections.

In its fuel price forecast for the Nov. 23 to 29 period, Unioil Petroleum Philippines said the cost of diesel is expected to be cut by ₱1.10 to ₱1.20 per liter.

Gasoline prices, on the other hand, could be slashed by ₱0.90 to ₱1.00 per liter.

This is the third straight week of fuel price rollbacks.

Oil firms usually announce price adjustments every Monday, which would be implemented the next day.