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Another oil price rollback seen next week
Another oil price rollback seen next week
Nation
Another oil price rollback seen next week
by Ellicia Del Mundo06 October 2023
DZRH file photo

Another rollback of petroleum prices is seen in the second week of October.

Based on the Department of Energy’s (DOE) projected oil price movements, gasoline, diesel, and kerosene may possibly fell in the price range:

  • Gasoline - ₱2.55 to ₱2.95 per liter
  • Diesel - ₱1.45 to ₱1.85 per liter
  • Kerosene - ₱1.75 to ₱2.15 per liter

Last Tuesday, Oct. 3, oil firms implemented a decrease of ₱2.00 per liter for gasoline and ₱0.50 per liter for kerosene.

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The energy department's latest monitoring showed that the year-to-date net increase has brought the prices of gasoline to ₱15.30 per liter, diesel to ₱13.80 per liter, and kerosene to ₱8.94 per liter.

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