Cheap ₱50 fuel could return, but will take 6 to 12 months — DOE | ||
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Petroleum prices may return to normal within six months to one year as the United States (US) and Iran move closer to a deal that could end the war in the Middle East, according to the Department of Energy (DOE). Price adjustments on fuel will also take effect this week: a maximum price rollback of ₱5.71 per liter for diesel and ₱2.50 per liter for kerosene this week. Gasoline prices, meanwhile, may either see a rollback of ₱0.32 per liter or increase by up to ₱1.68 per liter. Read more |
