GMA News
Gasoline prices down for 3rd straight week Tuesday; diesel, kerosene for fourth
Local oil companies are set to implement a rollback on fuel prices, with reductions ranging from P0.60 to P0.75 per liter starting Tuesday, November 21.
Gasoline prices will decrease by P0.75 per liter, diesel by P0.65 per liter, and kerosene by P0.60 per liter.
The price adjustments are attributed to slowing global demand, particularly in the United States and China, and an increase in crude inventories.
This rollback marks the third consecutive week of price decreases for gasoline and the fourth for diesel and kerosene.
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