Fuel prices to go up by more than P1 per liter

Metro Manila, Philippines - After a big-time cut on fuel prices last week, motorists will have to spend a peso more per liter of fuel on Tuesday, April 22.

Industry participants said on Monday that gasoline will cost P1.35 more per liter, diesel prices will go up by P1.30 and kerosene by P1.10 per liter.

The Department of Energy earlier said that “tighter” global supply due to the US sanctions on Iran and hopes of easing US-China trade talk are among issues that drive price movements.