Diesel, gasoline prices drop by less than P1/L

After weeks of oil price hikes, local diesel and gasoline prices dropped by less than P1 per liter only on Aug. 4. Energy Secretary Sharon Garin said on Monday that gasoline and diesel prices would fall by 73 centavos and 60 centavos, respectively. Kerosene prices, however, dropped by a heftier P2.09 per liter. “I know