Manila Bulletin
Gasoline prices up by P0.30/liter, diesel on rollback by P0.30/liter
Gasoline prices are set to increase by P0.30 per liter starting Tuesday, December 5.
Diesel prices will see a rollback of P0.30 per liter.
Kerosene prices are expected to remain unchanged.
These price adjustments are based on the Mean of Platts Singapore (MOPS) and are implemented by oil companies like Shell Pilipinas Corporation, Seaoil, Cleanfuel, and PetroGazz.
Despite a production cut by OPEC+, global markets did not experience a significant price rally.
Year-to-date price monitoring still shows net increases for gasoline, diesel, and kerosene.
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