Oil prices are expected to climb once more next week, with no signs of slowing down as global market trends continue to point toward further increases.
Gasoline and kerosene prices are projected to rise by 0.50 to 0.70 centavos per liter, while diesel could see a jump of up to 1.00 Peso per liter.
Experts attribute the persistent price hikes largely to ongoing geopolitical tensions between Russia and Ukraine, which have been a key driver of elevated oil prices for months.
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