A bit a bad news for motorists: prices of petroleum products may rise by 60 centavos to P1.40 per liter on Tuesday next week, an industry source said.
The pump price of diesel may go up by 60 to 80 centavos per liter while that of gasoline may increase by P1.20 to P1.40 per liter, according to the source.Cleanfuel is expected to increase its diesel price by 70 centavos and gasoline, by P1.20 per liter. The source made the estimate based on the four-day average prices in the global market from Jan. 23 to 26.
Source: News Formal (newsformal.com)
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