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Philippine fuel firms expect gasoline to rise P2.00-2.20 per liter and diesel to fall P0.80-1.00 per liter in the coming week, citing easing diesel supply from inventory releases and higher Chinese and Russian diesel exports. Reuters reported Brent December futures closed at $117.64 on the prior Friday after a tanker was hit in the Strait of Hormuz.
Diverging gasoline and diesel prices reflect tight Asian gasoline supply versus improving diesel flows, with crude still elevated by Hormuz risk. Lower diesel costs help reduce farm and freight expenses in the region.
context.phNov 2, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
