MANILA — Citing four-day trading prices, gasoline prices could decrease by up to P0.93 per liter, while diesel prices may see a maximum rollback of P1.49 per liter.
This, as a big-time oil price reduction is expected in the second week of June.
Meanwhile, kerosene prices are also anticipated to be slashed by as much as P1.46 per liter.
On Tuesday, June 11, oil companies implemented mixed adjustments to their pump prices.
The following are the adjustments in oil prices:
Diesel prices – Up by P0.60 per liter
Gasoline prices – Down 0.90 by P per liter
Kerosene prices- Up by P0.80 per liter
Final price adjustments next week will be announced by oil companies on Monday and will be implemented by Tuesday next week. (with reports from Ian Laqui – Philstar.com)
