Thursday 18 October 2018
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2 months ago

After surge, fuel prices down a bit

After hefty price increases over the past five weeks, oil firms will concede on Tuesday a reduction of 10 centavos in the prices of diesel and gasoline. The decrease brings the pump prices of diesel in Metro Manila to between P41.35 and P53.80 a liter, according to the Department of Energy. So far this year, prices of diesel have gone down 11 times but have gone up 21 times. The result is a net increase of P9.10 a liter. The biggest weekly price hike for diesel was P1.20 a liter on May 15 and the deepest

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