Diesel, kerosene prices to slightly rise

Motorists queue for fuel at a gas station. Mixed movements in the pump prices of petroleum products are expected on Tuesday, July 11. PN PHOTO
Motorists queue for fuel at a gas station. Mixed movements in the pump prices of petroleum products are expected on Tuesday, July 11. PN PHOTO

DIESEL and kerosene prices are geared for a slight rise in prices while there is a possibility for a steady movement or rollback in gasoline prices for Tuesday, July 11.

Diesel and kerosene prices will increase by P0.50 to P0.80 per liter.

Meanwhile, gasoline prices may either stay steady or drop by as much as P0.30 per liter.

Oil companies usually announce price adjustments every Monday, to be implemented the following day.

Last Tuesday, July 4, fuel firms implemented a per liter reduction of P0.70 for both gasoline and diesel. Kerosene was also slashed by P0.85 per liter.

The latest price adjustments resulted in a year-to-date net decrease of P3.70 per liter for diesel and P6.00 per liter for kerosene.

Gasoline, on the other hand, has a year-to-date net increase of P5.85 per liter. (ABS-CBN News/GMA Integrated News)

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