Big-time fuel price cuts expected next week

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Metro Manila (CNN Philippines, December 4)— Motorists can expect further relief as fuel prices go down again substantially next week, according to industry projections.

In its fuel price forecast released Saturday, Unioil Petroleum Philippines noted hefty cuts for the Dec. 7 to 13 period — a ₱2.40 cut for diesel and ₱2.30 for gasoline.

This is the fifth straight week of fuel price cuts.

Oil firms usually announce price adjustments every Monday to be carried out the next day.