00:00Fuel prices may see a slight rollback or a slight increase starting Tuesday, June 30.
00:06Energy Secretary Sharon Garin announces the following permitted price range adjustments
00:10for the week of June 30 to July 6.
00:13Gasoline will have a decrease of 10 centavos per liter to an increase of up to 1.90 pesos per
00:19liter.
00:20Diesel will have a decrease of 1.16 pesos per liter or an increase of up to 84 centavos per
00:26liter.
00:26Kerosene will have a decrease of 78 centavos per liter to an increase of 1.22 pesos per liter.
00:33The price hike follows last week's major rollback.
00:36Last week's rollback followed a drop in global oil prices after easing tensions
00:40between the US and Iran reduced concerns over oil supply disruptions in the Middle East,
00:45including the Strait of Hormuz.
00:47But the DOE warns that any further price declines could be
00:50limited by low oil inventories and uncertainty after the temporary ceasefire.
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