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Diesel prices set to rise, gasoline prices to drop next week

Covered by 5 outlets
Reports agree

All the outlets reported that diesel prices are expected to increase while gasoline prices are expected to decrease in the coming week, linked to escalating Middle East tensions affecting oil supply.

Drafted with AI from these 5 reports, checked and approved by a Parley editor. Approved 24 Oct, 11:37 AM.

GMA News Online

GMA News Online reported that diesel pump prices will rise while gasoline prices will fall next week, citing an oil industry source.

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Inquirer

Inquirer reported that a diesel price hike is expected around Oct. 27 due to worsening geopolitical conflicts, citing Jetti Petroleum's president.

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The Manila Times

The Manila Times reported that diesel prices are expected to rise between P2.00 and P2.50 per liter while gasoline prices are set to drop next week, citing local oil industry sources.

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Daily Tribune

Daily Tribune reported that diesel prices could rise by up to P2.50 per liter while gasoline prices will ease, linking the increase to escalating attacks on oil infrastructure.

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Philstar

Philstar reported that diesel prices are expected to increase next week while gasoline prices will see a rollback, attributing the hike to escalating Middle East hostilities threatening global oil supplies.

Read Philstar's report →

Excerpts courtesy of GMA Network and GMA News Online.

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