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Mixed adjustments in pump prices expected during first week of April

MANILA, Philippines — Oil companies are anticipated to introduce mixed adjustments in pump prices during the first week of April.

According to the most recent trading prices, gasoline prices are expected to increase by up to P0.70 per liter, while diesel prices are anticipated to decrease by a maximum of P0.95 per liter.

Kerosene prices are also expected to be reduced by as much as P1.20 per liter.

Last week, oil companies implemented a hike in oil prices.

Diesel prices saw a rise of P2.20 per liter, while gasoline prices increased by P1.40 per liter.

Kerosene prices also had a hike of P1.30 per liter.

Final price adjustments will be announced by oil companies on Monday, which will be implemented on Tuesday next week.