Oil price hike back
MOTORISTS will again experience another increase in fuel prices this coming week after local oil firms implemented a weeklong big-time price rollback last Tuesday, the first this year.
Oil industry sources said prices of diesel products may increase from P8 to P8.15 per liter, gasoline by P3 to P3.15 per liter and kerosene by P8.05 to P8.15 per liter.
The increase in prices of petroleum products is set to be implemented by major and independent oil companies on Tuesday.
Local oil firms implemented its first big-time oil price rollback, after crude oil prices in the international oil market dipped.
