Fuels and Lubes News November 06, 2022 By Steven Edward Yu

Mixed Movements: Gas UP, Diesel DOWN next Tues, November 8

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Some mixed news for motorists: Gasoline price will increase, but diesel price will decrease. Final figures to be released tomorrow, Nov. 7, by 5:00 PM.

Initial estimates for the November 8 fuel price decrease are as follows:

Gasoline UP by P1.10 – 1.30/L
Diesel DOWN by P0.50 – 0.70/L
Kerosene DOWN by P0.30 – 0.50/L

These reflect movements in the international oil market.

Expect the following fuel price adjustments effective midnight, November 8 (note: different oil companies may effect their adjustments at different times within the day).

Estimate courtesy of Petron Corporation

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