Another round of price rollbacks in gasoline, diesel, and kerosene, according to the Department of Energy-Oil Industry Management Bureau (DOE-OIMB) 

According to DOE-OIMB Director III Rodela Romero, the following are the estimated ranges of rollback 

Gasoline – P 2.00 to 2.25 per liter
Diesel – P 0.50 to 0.85 per liter
Kerosene – P 0.90 to 1.00 per liter. 

The rollback is the third straight week of cuts for gasoline and fourth for both diesel and kerosene.

oil prices fell in Asian trade as industry data pointed to the sustained increase in US inventories, which contributed to the rollback.