Fuel prices expected to drop next week

The Manila Times 28 Aug Philippines

AFTER two consecutive weeks of increases, fuel prices are estimated to decline next week as the global market reacts to the recent developments in the Middle East, local oil industry sources said Friday. They said diesel prices are seen to decrease by about P3.50 to P4 per liter, while gasoline prices could decline by about P0.25 to P0.75 per liter. These estimates are based on the four-day tradin

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