Mixed oil price adjustment seen next week

Motorists may see mixed price adjustments for fuel products next week, according to a forecast by Unioil Petroleum Philippines, Inc. on Saturday.

The cost of gasoline may go up by 40 to 60 centavos per liter, while diesel may go down by ₱1 to ₱1.10 per liter.Unioil said the price adjustments are expected from Oct. 17 to 23.

According to the Department of Energy’s monitoring on Oct. 10, the oil price adjustments have resulted in a year-to-date increase of ₱12.25 per liter for gasoline, ₱11.35 per liter for diesel, and ₱5.94 per liter for kerosene.


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