Minimal fuel price rollbacks seen on June 30

MANILA, Philippines – Local fuel prices are slated to decline anew next week, starting June 30, as easing concerns over global oil supply weigh on prices. Based on estimates from an industry source on Friday, diesel prices may fall by 70 centavos to P1.20 per liter. READ: Iran-US talks to continue through the night Gasoline prices may also decrease by 50 centavos to P1.50 per liter. “World crude oil prices have eased down, despite the tempered optimism over the US-Iran interim peace deal and ongoing negotiations, on improving broader supply outlook as physical flows through the Strait of Hormuz gradually recovers, […]... Keep on reading: Minimal fuel price rollbacks seen on June 30