Diesel seen to spike by more than P4/liter, gasoline over P1

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Another round of big-time hikes in the prices of petroleum products is expected to slap motorists in the coming week, oil industry projections indicate.

In its fuel price forecast for June 14 to 20 trading week, Unioil said the price per liter of diesel may increase by P4.30 to P4.50 while gasoline prices may go up by P1.50 to P1.60 per liter.

Sought for comment, Department of Energy-Oil Industry Management Bureau Director Rino Abad cited the following factors behind the projected fuel price hike:European Union ban on Russian oil imports Oil companies usually announce fuel price adjustments every Monday, to be implemented on the following day.

 

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Comes a time most vehicles will be grounded due to increasing price hikes!

Nanaman☹️

Gusto ko Ng mag wfh...

Ngayon lng Yung kada utot Ng Ibang bansa eh biglang sipa agad agad Ng presyo dito sa Pinas Ng krudo. Ano ito lokohan?

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