Fuel price rollback expected

Metro Manila, January 9 ------ Motorists can expect to shell out less for fuel next week, based on industry projections.

Unioil Petroleum Philippines said diesel prices are expected to go down by P2.40 to P2.60 per liter from Jan. 10 to 16. Meanwhile, a price cut of P0.50 to P0.60 per liter is seen for gasoline.

An oil price hike greeted the first week of the year, with gasoline costs going up by P2.90, diesel by P2.10, and kerosene by P3.05 on Jan. 3.

Source: cnnphilippines.com