Another oil price rollback set next week

(Eagle News) –Good news for motorists! Another round of reduction in the pump prices of petroleum products is set next week.

This would be the eighth consecutive week that oil firms will cut its prices for its petroleum products.

In the first three days of trading in the world market, the decrease on the prices of diesel per liter was Php 1.73, while the reduction on the prices of gasoline per liter was Php 0.67 per liter.

However, the price reduction for petroleum products could even go higher based on the result of trading for today.

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