Motorists can now look forward to another rollback in petroleum product prices to be implemented next week.

Based on a three-day trade in the regional market, the possible rollback on every liter of gasoline plays between P0.70 to as much as P1.10.

Diesel will be priced at P0.55-P0.95 less per liter, and kerosene at P0.60 less per liter.

Global experts on the price of crude oil in the world market said low prices may prevail in view of weakening demand and the ceasefire in Gaza. As a matter of fact, the international benchmark on crude oil was reduced from $83-84 per barrell in trade to $81 on Thursday, July 25.