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Diesel rollback of up to P2 a liter, gasoline hike of up to P2.20 seen next week

Diesel prices may drop by P1.80 to P2 per liter on Oct. 13 while gasoline may rise by P2 to P2.20, The Manila Times and Philstar reported, citing four days of Mean of Platts Singapore trading. DOE's Rino Abad linked the diesel rollback to the G7 plan to release 100 million barrels from reserves. Philstar said China's suspension of fuel exports is pushing gasoline up.

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Written and translated by AI (Claude) using only the reports listed below. Read the full story at the original source.

Read in: Bisaya ยท Filipino