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Small fuel price hike expected next week

Metro Manila (CNN Philippines, February 18) – Fuel prices are expected to go up by less than ₱1 next week, according to Unioil Petroleum Philippines.

In its advisory, Unioil said the cost of diesel will increase by ₱0.70 to ₱0.80 per liter, and gasoline by ₱0.50 to ₱0.60 per liter.

According to the Department of Energy (DOE), as of Feb. 14, oil companies have implemented a year-to-date per liter rollback of ₱2.20 for diesel and ₱2.50 for kerosene.

Gasoline, meanwhile, remains at a net increase of ₱5.10 per liter, the DOE added.

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