Another oil price rollback likely next week

Motorists can expect another price cut in petroleum products after the elections on Monday, May 12, 2025.

Another oil price rollback likely next week

Another week of May could bring forth another round of fuel price drops.Based on the four-day trading at Mean of Platts Singapore (MOPS), gasoline could see a minimal drop of around ₱0.30 to ₱0.75 per liter, while diesel and kerosene are seen to pull down their prices at a peso range.Next week, diesel could decrease somewhere between ₱0.90 and ₱1.35 per liter, while kerosene may slash prices by ₱1.30 to ₱1.45 per liter.An increase in global oil …

(BFM Stock Exchange) - Black gold prices in the markets have been falling sharply since the beginning of the year, driven by uncertainty about the demand caused by gold ...