Bad news for motorists!
Fuel prices are set to increase once again next week.
According to Rodela Romero, Assistant Director III of the Department of Energy’s Oil Industry Management Bureau, the price hike is based on four days of trading.
Here are the expected price increases:
Gasoline: P0.85 – P1.35 per liter
Diesel: P0.75 – P1.25 per liter
Kerosene: P0.95 – P1.10 per liter
The final fuel prices will be released on Monday, and the new prices will take effect on Tuesday.
