Fuel Prices Set to Rise Again Next Week Despite Recent Calamities

We’ve experienced earthquakes and typhoons over the past few weeks, yet fuel prices continue to rise despite the hardships we’re currently facing — and next week will be no different.

According to experts, recent market trends indicate an expected increase of 1.00 to 1.20 Pesos per liter for both gasoline and diesel. Kerosene, on the other hand, is not expected to move due to the ongoing nationwide price freeze.

As for the reasons behind the price hike, they remain the same as before, including the continued market sanctions on two Russian oil companies.