Over ₱1 fuel price hike expected next week

Metro Manila, Philippines - Motorists are advised to fill up their tanks before the Holy Week holidays end as over a peso per liter hike in petroleum prices is expected next week.

In its fuel price forecast, Jetti Petroleum said it estimates a ₱0.90 to ₱1.30 increase for gasoline prices, ₱0.85 to ₱1.35 for diesel, and ₱0.90 to ₱1.00 for kerosene.

Fuel firms implement official price adjustments every Tuesday.

Last week, oil companies cut the prices per liter of gasoline by ₱3.60, diesel by ₱2.90, and kerosene by ₱3.30.