
Diesel Rollback, Gasoline Hike Expected Next Week
The Philippines is bracing for mixed fuel price movements next week, with diesel prices potentially rolling back by up to P1 per liter while gasoline is expected to surge by over P2 per liter, based on Singapore market trends and foreign exchange rates.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- Gasoline Prices Set to Surge Next Week; Diesel to See Minor Drop
Motorists in the Philippines are bracing for a significant gasoline price hike next week, projected at P2.90 to P3.20 per liter, due to escalating Middle East conflict concerns impacting oil supply. Diesel prices, however, are expected to see a slight decrease.
- Gasoline Prices May Rise by Up to P3/Liter Next Week, Diesel Seen Rolling Back P0.60
Filipino motorists can expect a mixed movement in pump prices next week, with gasoline potentially increasing by up to P3 per liter and diesel seeing a rollback of P0.60. Geopolitical tensions in the Middle East are supporting crude oil prices, while improved fuel supply prospects from China and South Korea are moderating gains.