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Big-time fuel price rollback seen next week —Unioil

By TED CORDERO,GMA News

Cheaper pump prices of petroleum products are expected to greet motorists in the coming week, which could mark the fifth straight week of price rollbacks.

In its fuel price projection for December 7 to 13 trading week, Unioil Petroleum Philippines said the price per liter of diesel may go down by P2.40.

Gasoline prices, meanwhile, may be slashed by P2.30 per liter.

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Oil companies usually announce price adjustments every Monday to be implemented on the following day’s morning.

Effective Tuesday, November 30, 2021, fuel firms implemented a P1.10 to P1.20 per liter price rollback on gasoline as well as a P0.60 to P0.70 price reduction per liter on diesel.

Year-to-date adjustments stand at a total net increase of P18.10 per liter for gasoline and P15.70 per liter for diesel. —LBG, GMA News