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Gasoline prices may go down, diesel up by P.40/liter beginning Tuesday

admin September 30, 2023

GASOLINE prices may go down beginning Tuesday, while motorists may have to add more cents for diesel.

Unioil on Saturday said it expects gasoline to cost ₱1.80 to ₱2 less per liter, and diesel prices to rise by 20 to 40 centavos per liter.

Another industry source, meanwhile, estimates a price cut of ₱2.10 to ₱2.50 for gasoline, and an increase of 10 to 50 centavos for diesel.

Oil firms implemented a minimal price rollback this week.

The price adjustments have resulted in a year-to-date, per-liter net increase of ₱17.30 for gasoline, ₱13.40 for diesel, and ₱9.44 for kerosene, according to the Department of Energy.

Tags: gasoline

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Source: USD/PHP @ Wed, 10 Jun.

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