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Fuel prices will be lower for drivers next week, a source in the oil industry said on Saturday.
The reported price cuts for gasoline and diesel are P0.80 to P1.20 per liter and P1.10 to P1.50 per liter, respectively.
Meanwhile, the Department of Energy estimated a price drop of up to P1.50 for diesel and P1.20 for gasoline.
Kerosene’s potential price drop is between P1.80 and P2 per liter.
Every Monday, oil companies often announce price changes that will take effect the following day.
