Pump prices for gasoline are set to increase while diesel prices will roll back next week.

Citing Mean of Platts Singapore (MOPS) trading in the past four days, Rodela Romero, Director III of the Oil Industry Management Bureau, said prices per liter of gasoline could go up by PHP 0.25-PHP 0.45 per liter while diesel prices will go down PHP 0.25-PHP 0.40.

Kerosene, meanwhile, may go up by PHP 0.10 per liter to no movement at all.

Oil companies usually announce price adjustments every Monday, to be implemented the following day.