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Oil prices expected to jump next week

Metro Manila (CNN Philippines, January 21) – Heads up motorists! Fuel pump prices are projected to increase next week.

Unioil forecast that diesel prices would increase from ₱2.30 to ₱2.50 per liter, while gasoline would go up from ₱2.90 to ₱3.10 per liter.

This is expected to take effect in the week of Jan. 24 to Jan. 30.

Gasoline and diesel prices also went up last week by ₱0.95, and ₱0.50, respectively. Meanwhile, kerosene prices fell ₱0.15.

READ: Gas, diesel prices set to increase this week

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