Philippine fuel prices expected to fall for gasoline and rise slightly for diesel next week
An industry source says gasoline could drop up to P4.20 per litre next week, while diesel may climb by P0.20-P0.40 per litre.
Motorists in the Philippines may see gasoline prices decline by as much as P4.20 per litre for the week of Oct. 19, according to an industry insider. At the same time, diesel prices are projected to increase modestly, between P0.20 and P0.40 per litre. The forecast relies on the first four days of this week’s Mean of Platts Singapore (MOPS) data and foreign-exchange averages. These estimates remain subject to change.
Why it matters
Fuel price changes affect commuting costs and inflation for everyday Filipinos.
In this story
gasoline price dropdiesel price increasePhilippinesfuel pricesPlatts Singaporeforeign exchangeprice forecast
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