Fuel prices to see mixed adjustments as July ends

Motorists can expect mixed fuel price adjustments as July ends, with gasoline prices potentially decreasing by P0.10 to P0.30 per liter.

Diesel prices are anticipated to increase by around P0.40 to P0.60 per liter, and kerosene prices are also expected to go up by about P0.20 to P0.40 per liter.

These projected price movements are influenced by the unexpected fall in US crude inventory, uncertainties surrounding US trade policies, and the geopolitical conflict between Iran and Israel.

Fuel companies typically announce their price adjustments every Monday, which take effect the following day.

For areas declared under state of calamity, a 14-day price freeze for LPG and Kerosene products weighing 11 kilograms and below is also expected.

Topics in this story

Explore more stories about these topics.

🤖

This story was generated by AI to help you understand the key points. For more detailed coverage, please see the news articles from trusted media outlets below.

News Sources

See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.