Fuel prices to go down next week —Unioil

Pump prices of petroleum products are expected to roll back in the coming week, projections by the Unioil Petroleum Philippines showed.

In its fuel forecast for September 8 to 14 trading week, Unioil said diesel prices should go down by P0.40 to P0.50 per liter.

Gasoline prices, meanwhile, should be slashed by P0.30 to P0.40 per liter.

Fuel companies usually announce price adjustments every Monday, to be effective on the next day.

Data from the Department of Energy showed, the price per liter of gasoline ranges between P40.85 and P55.55 while diesel prices range from P30 to P39 per liter.

Total year-to-date adjustments stand at a net decrease of P3.92 per liter for gasoline and P8.99 per liter for diesel. -MDM, GMA News