Slight drop in pump prices next week after earlier forecast of increase | ABS-CBN
ADVERTISEMENT
Welcome, Kapamilya! We use cookies to improve your browsing experience. Continuing to use this site means you agree to our use of cookies. Tell me more!
Slight drop in pump prices next week after earlier forecast of increase
Slight drop in pump prices next week after earlier forecast of increase
MANILA — Tides change for fuel prices as the last trading day shifts forecast from a possible hike to a likely price drop or no movement next week.
MANILA — Tides change for fuel prices as the last trading day shifts forecast from a possible hike to a likely price drop or no movement next week.
The following price adjustments are expected to take effect on April 8, Tuesday:
The following price adjustments are expected to take effect on April 8, Tuesday:
Gasoline - No movement to P0.20/L decrease
Gasoline - No movement to P0.20/L decrease
Diesel - No movement to P0.20/L decrease
Diesel - No movement to P0.20/L decrease
ADVERTISEMENT
Kerosene - P0.50 to P0.60/L decrease
Kerosene - P0.50 to P0.60/L decrease
Earlier reports said fuel prices are rising by P0.24/L for gasoline, P0.21/L for diesel, and no price movement for kerosene.
Earlier reports said fuel prices are rising by P0.24/L for gasoline, P0.21/L for diesel, and no price movement for kerosene.
The price drop comes as US imposed large tariffs on products from many countries, including its allies and the Philippines.
The price drop comes as US imposed large tariffs on products from many countries, including its allies and the Philippines.
Bellas already stated that the higher tariff can push price cuts on fuel, wiping out the increase in the first 4 trading days of the week in the Mean of Platts Singapore. -- with reports from Alvin Elchico and David Dizon, ABS-CBN News
Bellas already stated that the higher tariff can push price cuts on fuel, wiping out the increase in the first 4 trading days of the week in the Mean of Platts Singapore. -- with reports from Alvin Elchico and David Dizon, ABS-CBN News
ADVERTISEMENT
ADVERTISEMENT
