Rollback in the prices of petroleum products will take effect at 6 a.m. tomorrow, Jan. 14, 2020, amid big time oil price hike worry due to Middle East tensions.
Based on data, the price in the world market has hiked in last week’s first two days and gradually decreased on Friday.
Expected price adjustments starting tomorrow:
* Diesel – 0.30-P0.40/liter
* Kerosene – 0.30-P0.40/liter
* Gasoline – no change or P0.10/liter
Fuel industries believed that the cooling down of tensions in Middle East eased the price situation. (ABS-CBN News)
