Gasoline and diesel are poised to move in opposite directions in next week’s price rollback cycle, according to local oil industry sources.
Diesel is expected to fall by roughly P8 to P10 per liter, while gasoline could see an uptick of as much as P1 per liter. The divergent movement reflects how individual fuel types are responding differently to ongoing turbulence in global energy markets linked to Middle East developments.
Industry sources said the projections are drawn from four days of trading on the Mean of Platts Singapore, the regional benchmark used to price refined petroleum products across Southeast Asia.
The anticipated adjustments follow a steep round of cuts implemented this week, when diesel dropped by P24.94 per liter and gasoline fell by P3.41 per liter.
