Sunday, November 1, 2026

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ABS-CBNNewsPhilippines

Gasoline prices expected to rise, diesel and kerosene to go down on Nov. 2

MANILA – Pump prices of gasoline are expected to increase next week, while diesel and kerosene prices are projected to roll back, based on movements in the world oil market.

Based on trading from October 26 to 31, the estimated price adjustments effective November 2, 2026, are as follows:

Diesel: Down by P0.50 to P1.00 per liter
Gasoline: Up by P2.00 to P2.50 per liter
Kerosene: Down by P1.50 to P2.00 per liter

In the world market, diesel prices decreased by P1.00 per liter, while kerosene prices dropped by P1.60 per liter. Gasoline prices, meanwhile, increased by P1.80 per liter.

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