Drivers may be disappointed during the second week of November because experts predict a significant increase in oil costs. The past couple of weeks are a strong indication that something’s brewing in the horizon and indeed, what we all have feared is coming our way too early.
Next weeks price estimates suggests that diesel will get the hard hit with up to 2.10 pesos increase while gasoline is expected to get around 1.50 pesos increase and kerosene could add 1.20 pesos per liter from its current price.
Oil companies in the country will announce their final price adjustments on Monday and will implement that changes on the early hours of the following day.
if budget permits, gas up to a full to at least skip the headaches of price increase next week. Happy weekend everyone and drive safely.
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