Gasoline prices to go up; diesel rollback expected next week

Motorists may face a fuel price shakeup next week, with gasoline expected to rise amid strong demand, while diesel may see a rollback due to growing supply.

- By GABRIELL CHRISTEL GALANG.

Based on the four-day Mean of Platts Singapore (MOPS), the price of gasoline per liter may increase somewhere between P0.40 and P0.60, while diesel could experience a P0.70to P0.90-per-liter drop.

Kerosene could also cut back on prices by more or less 1 per liter.

If these adjustments are realized by next week, diesel and kerosene may experience back-to-back weekly price slashes.