Manila Bulletin
Diesel prices cut by P1.10/liter; gasoline by P0.45/liter
Local oil companies are set to implement fuel price rollbacks on Tuesday, November 7, with reductions of P0.45 per liter for gasoline, P1.10 per liter for diesel, and P1.05 per liter for kerosene.
These price adjustments are attributed to increased crude oil production from OPEC and slowing global fuel demand growth.
Last week, diesel and kerosene prices decreased by P1.25 and P1.20 per liter, respectively, while gasoline prices increased by P0.45 per liter.
Despite these rollbacks, year-to-date net increases remain at P14.20 per liter for gasoline, P10.45 per liter for diesel, and P5.04 per liter for kerosene.
Prevailing retail pump prices in Metro Manila currently range from P57.65 to P86.85 per liter, according to the Department of Energy (DOE).
🤖
This story was generated by AI to help you understand the key points. For more detailed coverage, please see the news articles from trusted media outlets below.
News Sources
See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
