Oil price

Mixed oil price adjustments seen

May 15, 2021 Edd Reyes 212 views

BIG and small oil companies are expected to implement mixed adjustments in pump prices in the coming week, according to industry sources.

In its fuel forecast, independent oil firm Unioil Philippines said the price per liter of diesel may go up by P0.15 to P0.20 while gasoline prices are expected to go down by P0.40 to P0.50 per liter.

Kerosene, according to Unioil, will likely sustain its current prices.

Local oil firms usually implement price adjustments every Tuesday of the week.