Fuel player Unioil is seeing more than P2 rollback on fuel prices next week, good news for motorists amid the rounds of fuel price hikes in the past weeks.

Unioil in a Facebook post said fuel prices will go down from 10-16 October 2023.

"Diesel should go down by P2.30 to P2.50 per liter. Gasoline should go down by P2.80 to P3.10 per liter," the social media post announcement said on Saturday.

The oil price rollback coincides with the implementation of the P1 provisional increase in the minimum fare for jeepneys starting 8 October.

Effective tomorrow, the traditional PUJ fare will be P13 from P12, while the minimum fare for modern jeepneys will be P15 from the current P14.