Mixed Pump Adjustments Set Next Week

Fuel price movements seen mixed next week

LOCAL oil industry sources said that fuel price movements would be mixed next week, due again to the market reacting to the recent global oil-related developments. For next week, they said, gasoline prices could be at the range of a rollback of around P0.15 to an increase by around P0.30 per liter, while diesel prices could be at the range of having no adjustments to a possible rollback of around P0.40 per liter. Meanwhile kerosene prices could …

Mixed pump adjustments set next week

In the coming week, motorists can expect pump prices of petroleum products to move in opposite directions.

Fuels will be more expensive next week, with maximum prices per liter rising by around two cents, according to the ordinance published in the Official Journal of the Region (JORAM). Road diesel is the one that will see the biggest increase. Of the current 1,381 euros per liter, the unit price will rise 2.8 cents starting at midnight on Monday, settling at 1,409 euros. This means that for a supply of 50 liters of diesel, the consumer will pay an …