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Oil prices to increase on Tuesday, Nov. 28
Oil prices to increase on Tuesday, Nov. 28
Nation
Oil prices to increase on Tuesday, Nov. 28
by Mary Antalan27 November 2023
DZRH File Photo

After the three-week rollback in the price of petroleum products, their price will increase again tomorrow, Nov. 28.

According to the announcement of the oil firms, diesel will increase by P0.30 per liter and kerosene will increase by P0.65 per liter, while there will be no change in the price of gasoline.

It can be recalled from two weeks ago, when Rino Abad, Department of Energy - Oil Industry Management Bureau Director, said that the price of petroleum products will continue to decrease until the end of 2023.

The statement was made following the question of whether the price of diesel will reach P75 per liter in the next few weeks.

Abad responded and said that there is enough supply of crude in the global market now.

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