Gasoline, diesel seen rising as June begins | ABS-CBN
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Gasoline, diesel seen rising as June begins
Gasoline, diesel seen rising as June begins
Ched Rick Gatchalian,
ABS-CBN News
Published May 31, 2025 01:52 PM PHT
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Updated Jun 02, 2025 02:11 PM PHT
MANILA — Gasoline and diesel prices will rise while kerosene will go down in the first week of June, based on the results of the trading days this week.
MANILA — Gasoline and diesel prices will rise while kerosene will go down in the first week of June, based on the results of the trading days this week.
The following pump price adjustments are seen to take effect June 3, Tuesday:
The following pump price adjustments are seen to take effect June 3, Tuesday:
Gasoline: P0.20 - P0.40/L increase
Gasoline: P0.20 - P0.40/L increase
Diesel: P0.00 - P0.30/L increase
Diesel: P0.00 - P0.30/L increase
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Kerosene: P0.00 - P0.20/L rollback
Kerosene: P0.00 - P0.20/L rollback
Assistant Director III Rodela Romero of the Oil Industry Management Bureau said Friday the fuel price adjustment was influenced by possible new US sanctions on Russia.
Assistant Director III Rodela Romero of the Oil Industry Management Bureau said Friday the fuel price adjustment was influenced by possible new US sanctions on Russia.
Factors also include the easing of US and European Union tariff concerns, increasing tension in oil-producing countries, and an OPEC+ plan targeting oil production hike in July. — with a report from Alvin Elchico, ABS-CBN News
Factors also include the easing of US and European Union tariff concerns, increasing tension in oil-producing countries, and an OPEC+ plan targeting oil production hike in July. — with a report from Alvin Elchico, ABS-CBN News
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