• CHERYL G. CRUZ
Pump prices are expected to go down further, effective Oct. 10.
Oil companies announced over the weekend that diesel should go down by P2.30 to P2.50 per liter, gasoline by P2.80 to P3.10 per liter, and kerosene by P2.50 to P3/L.
The exact adjustments will be known today, Oct. 9.
This will be the third consecutive week that prices of gasoline and kerosene will go down, and the first week for diesel.
On Oct. 3, oil companies implemented a decrease of P2/L for gasoline and P0.50/L for kerosene; while diesel increased by P0.40/L.
The Department of Energy Oil Monitor already logged a net increase of P15.30/L for gasoline, P13.80/L diesel, and P8.94/L for kerosene since the start of this year. | CGC
