BusinessWorld Online·3 min read·medium

Motorists get relief as fuel prices fall by as much as P2.09/L this week

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Motorists get relief as fuel prices fall by as much as P2.09/L this week
AI Summary

Oil companies in the Philippines are rolling back fuel prices this week, with kerosene seeing the largest decrease of P2.09 per liter. Energy Secretary Sharon Garin noted that while this provides relief, global oil markets remain volatile due to Middle East conflicts.

MOTORISTS will get modest relief this week as oil companies roll back pump prices by as much as P2.09 per liter (L), following softer global oil product prices, the Department of Energy (DoE) said on Monday.

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