Slight decline in fuel prices on Feb. 11

Metro Manila, Philippines - Fuel prices will slightly decline on Feb. 11, industry players announced.

Gasoline and diesel costs will go down by P0.10 per liter, and kerosene by P0.30 per liter.

The Energy Department said prices will be influenced by the decline in global production and potential impact of impending higher US tariff on products from Canada, Mexico, and China.

Saudi Aramco’s declaration to increase prices on Asia buyers for March delivery may also be a factor, the agency said.