There will be a mixed movement in fuel prices on Tuesday, October 17, Unioil Petroleum Philippines Inc. forecasted on Saturday.
Diesel prices should go down by P1 to P1.10 per liter, it said.
The price of gasoline will increase by P0.40 to P0.60 per liter, Unioil added.
The final price adjustments will be announced by oil companies on Monday.
The Department of Energy said as of October 10 the oil price adjustments per liter have resulted in a year-to-date increase of P12.25 for gasoline, P11.35 for diesel, and P5.94 for kerosene.*