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Gasoline prices may drop up to P4.20 a liter next week; diesel up slightly

Gasoline prices may fall by P4.00 to P4.20 per liter next week while diesel may rise by P0.20 to P0.40 per liter, GMA News reported, citing an oil industry source's estimates based on Mean of Platts Singapore prices. The source said improving gasoline supply in Asia eased prices. Cebu Daily News also reported the expected gasoline cut. This week, oil firms cut diesel by P3.01 and raised gasoline by P1.56 per liter.

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

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