Big-time fuel price rollback as Holy Week exodus nears | ABS-CBN
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Big-time fuel price rollback as Holy Week exodus nears
MANILA — Motorists can expect over P3 pesos price cut per liter of oil products this coming Holy Week, according to the Department of Energy.
MANILA — Motorists can expect over P3 pesos price cut per liter of oil products this coming Holy Week, according to the Department of Energy.
The following price adjustments are expected to take effect on April 15 Tuesday:
The following price adjustments are expected to take effect on April 15 Tuesday:
Gasoline P3.60 - P3.80/L ⬇️
Gasoline P3.60 - P3.80/L ⬇️
Diesel P2.90 - P3.10/L ⬇️
Diesel P2.90 - P3.10/L ⬇️
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Kerosene P3.30 - P3.50/L ⬇️
Kerosene P3.30 - P3.50/L ⬇️
Millions of Filipinos travel — to their home provinces or for tourism — during Holy Week, which is commemorated by a majority of the predominantly nominally Catholic Philippines.
Millions of Filipinos travel — to their home provinces or for tourism — during Holy Week, which is commemorated by a majority of the predominantly nominally Catholic Philippines.
The price drop was mainly due to the impact of trade war to several countries, weighing down the oil market. United States and China have been exchanging increased tariffs recently.
The price drop was mainly due to the impact of trade war to several countries, weighing down the oil market. United States and China have been exchanging increased tariffs recently.
The Saudi Arabia also decided to lower rates for its petroleum products that are being sold to Asia.
The Saudi Arabia also decided to lower rates for its petroleum products that are being sold to Asia.
OPEC+ had recently announced a 411 kb/d increase in oil production as of May 2025. — With a report from Alvin Elchico, ABS-CBN News
OPEC+ had recently announced a 411 kb/d increase in oil production as of May 2025. — With a report from Alvin Elchico, ABS-CBN News
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