Mixed Oil Price Adjustments Expected Next Week: Gasoline Up, Diesel and Kerosene Down

A mix of good and bad news awaits motorists next week as oil prices are expected to move in different directions. Experts project an increase in gasoline prices, while diesel and kerosene are likely to see rollbacks.

Estimated adjustments:

• Gasoline: Php 0.40 – 0.60 per liter increase
• Diesel: Php 0.80 – 1.00 per liter decrease
• Kerosene: Php 0.90 – 1.10 per liter decrease

The price movement is attributed to lower demand for diesel in the international market and rising demand for gasoline. Other contributing factors include ongoing geopolitical tensions and supply output from major global oil producers.