Philstar
P3 per liter diesel rollback seen next week
Diesel and kerosene prices are expected to be rolled back by P3 to P3.20 per liter and P3 per liter, respectively, at the start of December.
Gasoline prices may remain unchanged or increase by P0.10 per liter.
These anticipated price adjustments are driven by renewed optimism for a US-brokered ceasefire in Ukraine, which could lead to the lifting of sanctions on Russian oil.
The estimates are based on four-day trading in the Mean of Platts Singapore, a key pricing benchmark.
Final price adjustments will be announced on Monday and will take effect on Tuesday, December 2.
Elevated premiums and freight costs continue to impact gasoline prices despite easing Asian prices.
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Effective December 2, 2025, Filipino consumers faced mixed fuel price adjustments: gasoline increased by P0.20 per liter, while diesel decreased by P2.90 per liter and kerosene by P3.20 per liter.
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Fuel prices will see mixed adjustments on Tuesday, November 25, 2025, with gasoline prices decreasing while diesel and kerosene prices will increase.
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Motorists can expect mixed oil price adjustments next week, with diesel prices projected to increase and gasoline prices to decrease.
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Gasoline prices are expected to remain unchanged or decrease by P0.10 per liter, while diesel and kerosene may increase by P0.80 to P1 and P1.35 per liter, respectively.
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