A rollback on fuel prices will take effect tomorrow, ending a three-week streak of consecutive price hikes.
According to oil companies, there will be a price reduction of P0.85 per liter of gasoline, P0.75 per liter of diesel, and P0.90 per liter of kerosene.
The price adjustments come after a decrease in oil demand and a revision in the oil price forecast by OPEC and the US Energy Information Administration.
Gas stations across the country will implement these changes starting tomorrow.
The rollback brings much-needed relief to motorists and consumers who have been dealing with rising fuel prices in recent weeks.
