Manila, June 23 -- Oil firms agreed to the government's request to implement on a staggered basis the fuel price adjustments for this week, the Department of Energy (DOE) said on Monday.

In a statement, DOE said the proposal aims to cushion the impact on Filipino consumers by distributing price movements over a more manageable period.

DOE officer in charge Sharon Garin and Undersecretary Alessandro Sales met with representatives of the downstream oil industry Monday to discuss the staggered implementation of domestic petroleum price adjustments.

The DOE said oil firms would submit their implementation scheme, including the breakdown of the staggered adjustments, to the DOE no later than 6 p.m. today.

"We have also urged oil companies ...