00:01Motorists and transport operators may finally get relief at the pump after weeks of steep fuel price hikes.
00:07Diesel prices are projected to drop by 5 pesos and 50 centavos to 6 pesos and 50 centavos per liter,
00:15while gasoline prices may remain steady or decrease by up to 1 peso per liter next week.
00:20If the rollback pushes through, diesel prices could fall to around 163 to 164 pesos per liter,
00:28while gasoline may ease to about 118 pesos per liter.
00:32The expected price drop comes as global markets react to a ceasefire in the Middle East and improved fuel supply.
00:39The government also confirmed additional diesel shipments arriving from Singapore, Malaysia and other sources this month.
00:46The Department of Energy says current fuel reserves remain stable, with more than a month's supply of diesel and gasoline
00:52available.
00:53Final price adjustments will be announced over the weekend and are set to take effect on Tuesday.
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