By Tracy Cabrera
On Tuesday, motorists may see another round of significant fuel price rollbacks with diesel prices expected to decline by as much as ₱5 per liter.
The welcome development is based on the four days of trading on the world market and oil prices may roll back by the following amounts: diesel, ₱4.00 to ₱5.00/L decrease; gasoline, ₱3.00 to ₱4.00/L decrease; and kerosene, ₱5.00 to ₱6.00/L decrease.
Oil companies typically announce official price adjustments on Monday afternoon, with rollbacks rolling out at fuel stations on the following day after midnight.
Next week’s pump price reduction follows a massive wave of rollbacks from the previous week and marks consecutive weeks of price drops.
According to the Department of Energy (DoE), the downward trend is driven by easing geopolitical risk premiums and diplomatic developments, though lingering supply concerns—such as attacks on Middle Eastern energy infrastructure—have slightly curbed larger double-digit cuts.
