{"id":272293,"date":"2020-10-19T06:18:03","date_gmt":"2020-10-19T10:18:03","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=272293"},"modified":"2020-10-19T06:18:03","modified_gmt":"2020-10-19T10:18:03","slug":"prices-of-gasoline-down-diesel-kerosene-up-anew","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2020\/10\/19\/prices-of-gasoline-down-diesel-kerosene-up-anew\/","title":{"rendered":"Prices of gasoline down; diesel, kerosene up anew"},"content":{"rendered":"<figure id=\"attachment_269450\" aria-describedby=\"caption-attachment-269450\" style=\"width: 4592px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2020\/09\/pexels-johannes-rapprich-1051397.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-269450\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2020\/09\/pexels-johannes-rapprich-1051397.jpg\" alt=\"\" width=\"4592\" height=\"3448\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2020\/09\/pexels-johannes-rapprich-1051397.jpg 4592w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2020\/09\/pexels-johannes-rapprich-1051397-300x225.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2020\/09\/pexels-johannes-rapprich-1051397-768x577.jpg 768w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2020\/09\/pexels-johannes-rapprich-1051397-1024x769.jpg 1024w\" sizes=\"auto, (max-width: 4592px) 100vw, 4592px\" \/><\/a><figcaption id=\"caption-attachment-269450\" class=\"wp-caption-text\">Starting Tuesday morning, Chevron, Cleanfuel, Flying V, Petro Gazz, PTT Philippines, Seaoil, and Shell will cut gasoline prices by PHP0.25 per liter, and will raise diesel prices by PHP0.20 per liter. (File: Pexels Photo)<\/figcaption><\/figure>\n<div dir=\"auto\"><strong>MANILA<\/strong>\u00a0\u2013 For two straight weeks now, oil firms will slash prices of gasoline but will increase those of diesel and kerosene products.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Starting Tuesday morning, Chevron, Cleanfuel, Flying V, Petro Gazz, PTT Philippines, Seaoil, and Shell will cut gasoline prices by PHP0.25 per liter, and will raise diesel prices by PHP0.20 per liter.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Chevron, Flying V, Seaoil, and Shell will also increase the prices of their kerosene products by PHP0.25 per liter.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">According to the Department of Energy (DOE), Dubai crude has increased by USD0.25 per barrel in last week\u2019s trading.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Mean of Platts Singapore (MOPS) also raised diesel prices by USD1.25 per barrel while it reduced gasoline prices by USD0.30 a barrel.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">\u201cWith the overall refining margins in gasoline still negative, prices are seen to remain supported by supply balances. However, (the) outlook for gasoline demand in Asia is mixed with the impact of Covid-19 (coronavirus disease 2019) that varies between countries,\u201d DOE\u2019s world oil prices bulletin said.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">On the other hand, West Texas Intermediate and Brent crude were trading better at USD41.18 and USD43.23 per barrel, respectively.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">According to OilPrice.com, oil prices in the world market are unlikely to collapse but are not expected to move higher than the USD40-level until end-2020.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">&#8220;The oil market has already priced in the slowing global demand recovery and the growing uncertainties about the economy amid resurging coronavirus cases in many parts of the world,&#8221; it added.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MANILA\u00a0\u2013 For two straight weeks now, oil firms will slash prices of gasoline but will increase those of diesel and &hellip;<\/p>\n","protected":false},"author":33,"featured_media":269450,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-272293","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","mauthors-kris-crismundo","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/272293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=272293"}],"version-history":[{"count":1,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/272293\/revisions"}],"predecessor-version":[{"id":272296,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/272293\/revisions\/272296"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/269450"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=272293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=272293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=272293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}