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Oil prices are expected to have a mixed movement next week based on the four-day trading in the world oil market, the Department of Energy said Friday.
Romero said gasoline prices may have no adjustment or an increase of 0.20 per liter while diesel will have a price rollback of P0.30 to P0.60 per liter and kerosene of P0.60 to P0.70 per liter.“Crude oil prices lost their gaining streak in the early part of the week as market participants remained cautious over the global demand outlook with top importer China experiencing slow economic growth,” Romero said.
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