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Gasoline prices to go up; diesel on rollback

News Summed Up 2019-11-09 05:30:00

Gasoline prices to go up; diesel on rollback 0 SHARES Share it! Share TweetBy Myrna VelascoIt will be a mixed bag of adjustments in retail pump prices next week – with gasoline prices anticipated going up by P0.60 to P0.70 per liter; and diesel will be on a marginal rollback of P0.10 to P0.20 per liter. That had just been based on the four-day trading outcome in the world market, but Friday (November 8) trading results could still change the final numbers. Philippine pump costs swing based on the fluctuation of prices in the world market given its dependency on fuel imports. The other factor influencing domestic pump prices is the peso-dollar exchange rate.