Diesel set for slight price drop, as rollback forecast

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Diesel set for slight price drop, as rollback forecast
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The pump prices of petroleum products are expected to have mixed movements in the coming week. Citing oil trading monitoring in the past four days (July 18-21), based on the Mean of Platts Singapor…

The pump prices of petroleum products are expected to have mixed movements in the coming week.

The local oil industry uses MOPS, the daily average of all trading transactions between buyers and sellers of petroleum products as assessed and summarized by Standard and Poor’s Platts. Effective Tuesday, July 19, fuel firms slashed gasoline prices by P5.00 per liter and diesel by P2.00 per liter.

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