Mixed Price Adjustment for Gas, Diesel Next Week

Price of diesel down, gasoline up for 2nd week

DIESEL prices are likely to drop, while gasoline is expected to spike next week, due mostly to the G7’s planned diesel reserve release and China’s fuel export suspension, local oil industry sources said on Friday.They said diesel prices will roll back by P1.80 to P2 per liter, while gasoline prices will increase by about P2.00 and P2.20 per liter.These estimates are based on the four-day Mean of Platts Singapore, the pricing basis for refined go…

Mixed price adjustment for gas, diesel next week

Domestic gasoline prices are expected to rise further next week following China’s brief halt of refined fuel exports, while diesel prices are set for another rollback.