Big time oil price rollback to be implemented this week

MANILA, Philippines, Aug. 3 (Eagle News) — Good news for motorists. A big time price rollback in petroleum products is expected to be implemented this week.

Gasoline prices may hover from P0.40 to P0.70 per liter; P0.90 to P1.05 per liter of diesel and P0.70 to P0.90 per liter of kerosene.

Said big-time oil price cut down was due to the decreasing demand in the world market.

(Eagle News Service)

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