DOE: Big-time rollbacks bring fuel prices closer to prewar levels

MANILA, Philippines — Local fuel prices are moving “closer” to pre-Middle East crisis levels as retailers implement a major rollback, which will take effect on June 2. At a media briefing on Monday, Energy Secretary Sharon Garin announced substantial cuts per liter in the prices of diesel (P9.26), gasoline (P4.76) and kerosene (P10.86). The Department