Bad news for motorists!
After the rollback in fuel prices, another oil price hike is expected next week.
According to sources in the oil industry, the estimated increase in fuel prices is as follows:
Gasoline – expected to rise by P0.40 – 0.70 per liter
Diesel – expected to rise by P0.75 – 1.00 per liter
Kerosene – expected to rise by P0.70 – 0.80 per liter
The final fuel prices will be announced on Monday and will take effect on Tuesday.
