After a big-time price hike comes a possible drop in the prices of fuel products, according to industry sources.
MANILA, Philippines —
A source expected diesel prices to decline by P2.60 to P2.80 per liter and gasoline by 60 to 80 centavos per liter.Unioil said diesel is expected to decrease by P2.40 to P2.60 per liter and gasoline by 50 to 60 centavos per liter.’s Oil Industry Management, estimated that kerosene might go down by around P1.50 per liter.
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