Oil price hike expected in the upcoming weeks after series of rollback
Nation
Oil price hike expected in the upcoming weeks after series of rollback
by Bea Jaurigue18 December 2022
DZRH File Photo
Motorists must brace for an increase in the price of petroleum products in the upcoming weeks. This comes after a progression of rollback.
According to oil industry sources, Diesel will have an added estimated price between Php 2.10 to Php 2.40 per liter.
Kerosene may go up from Php 1.60 to Php 1.90 per liter while Gasline may have an increase of Php .40 to Php.70 per liter.
The hike was an effect of the increase in petroleum product prices in the world market.
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