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rollbacks

Latest Daily Tribune news and analysis on rollbacks.

  1. A gas station attendant changes the prices displayed on September 17, 2024. Fuel prices will drop starting September 17, 2024, with reductions of at least P1 per liter for gasoline, P1.30 for diesel, and P1.65 for kerosene. This decrease is attributed to weak global demand and concerns about oversupply, particularly from China and the U.S. Recent data show that the year-to-date net increases for gasoline and diesel have been P5.85 and P3.05 per liter, respectively. The rollback follows similar price cuts from the previous week, driven by sluggish demand and plans from oil-producing nations to increase output. PHOTOS BY YUMMIE DINGDING

    Cheaper fuel greets election week

    Fuel prices are expected to fall for a second straight week, with rollbacks seen across all major petroleum products, the Department of Energy (DOE) said.

  2. Oil firms are expected to slash domestic pump prices in the next few days, with gasoline and diesel dropping by P1 to P1.30 per liter and kerosene by P1.20 to P1.35 per liter. 

In the video, pump attendants serve customers at a gas station in Ermita, Manila on Sunday, 8 September 2024.

    New round of pump price hikes set

    Motorists should brace for another round of fuel price increases next week—the second straight week of upward adjustments following substantial rollbacks…