According to the forecast, the per liter price of diesel may increase by ₱6.30- ₱ 6.50, while gasoline prices make go up by ₱2.50- ₱2.70 per liter.
The hike comes a week after a mixed movement in the prices of diesel and gasoline.
Oil firms earlier raised per-liter prices of gasoline by ₱3.95 and slashed diesel prices by ₱2.30 per liter.
As of May 31, per-liter prices have gone up by ₱23.85 for gasoline, ₱30.30 for diesel, and ₱27.65 for kerosene since the start of 2022, according to the Department of Energy’s latest monitor.
Metro Manila (CNN Philippines, June 4) — Prices of fuel products are expected to increase starting June 7, the Unioil Petroleum Philippines said on Saturday.
ADVERTISEMENT
