Motorists will get some relief from high pump prices, as local oil firms will implement another round of rollback for diesel starting May 12.
The Department of Energy (DOE) announced Monday that fuel retailers would implement the following adjustments:
Diesel prices will be reduced by at least P9.57 per liter, while kerosene will also decrease by P13.30.
Gasoline, meanwhile, will be costlier by up to P0.47 per liter.
The DOE earlier said that under the state of national energy emergency, the agency has the power to implement a limit on fuel price increases as well as impose a minimum rollback.