May opens with fuel price rollback | ABS-CBN
Featured:
|
ADVERTISEMENT
Welcome, Kapamilya! We use cookies to improve your browsing experience. Continuing to use this site means you agree to our use of cookies. Tell me more!
May opens with fuel price rollback
May opens with fuel price rollback
Ched Rick Gatchalian,
ABS-CBN News
Published May 03, 2025 12:04 PM PHT
|
Updated May 03, 2025 04:26 PM PHT
MANILA – Motorists can look forward to an oil price rollback seen to take effect on the first week of May, based on the trading days this week.
MANILA – Motorists can look forward to an oil price rollback seen to take effect on the first week of May, based on the trading days this week.
The following price adjustments are expected on Tuesday, May 6:
The following price adjustments are expected on Tuesday, May 6:
Gasoline - P0.40-P0.60/L ⬇️
Gasoline - P0.40-P0.60/L ⬇️
Diesel - P0.60-P0.80/L ⬇️
Diesel - P0.60-P0.80/L ⬇️
ADVERTISEMENT
Kerosene - P0.80-P1.00/L ⬇️
Kerosene - P0.80-P1.00/L ⬇️
The fear among market analysts that the excess crude inventory in the US may lead to a surplus in petroleum products has influenced the decrease.
The fear among market analysts that the excess crude inventory in the US may lead to a surplus in petroleum products has influenced the decrease.
Saudia Arabia also announced it is willing to add oil output.
Saudia Arabia also announced it is willing to add oil output.
This marks the first rollback after two consecutive weeks of fuel price increase. — with a report from Alvin Elchico, ABS-CBN News
This marks the first rollback after two consecutive weeks of fuel price increase. — with a report from Alvin Elchico, ABS-CBN News
ADVERTISEMENT
ADVERTISEMENT
