MANILA, Philippines — Gasoline and diesel prices are expected to inch upwards next week, as the market reacted to recent global developments, local oil industry sources said on Friday.
They said that gasoline prices could either have no adjustments or go up by P0.10 per liter, while diesel prices could increase from P0.30 to P0.50 per liter.
These estimates are based on the 4-day trading of Mean of Platts, Singapore, the pricing basis of refined goods in Southeast Asia.
This week, gasoline prices decreased by P0.80 per liter and diesel by P1.30 per liter.
Source: Gasoline, diesel prices to increase slightly next week
