Diesel, kerosene prices to drop; gasoline to increase

Diesel prices are set to decrease by P1.25 per liter, and kerosene prices by P1.20 per liter.

Gasoline prices, however, will increase by P0.45 per liter.

These price adjustments are effective Tuesday, October 31, with companies like Shell Pilipinas Corp., Seaoil, and Cleanfuel having announced the changes.

As of the current year, gasoline prices have seen a net increase of P13.75 per liter, diesel by P11.70 per liter, and kerosene by P6.24 per liter, according to the Department of Energy.

The mixed price adjustments reflect global market fluctuations due to various factors affecting market sentiments.

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