Price hike seen for diesel, kerosene next week due to weak peso —DOE exec

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Motorists should brace for another increase in the prices of diesel and kerosene next week due to the Philippine peso's current performance against the US dollar.

Motorists should brace for another increase in the prices of diesel and kerosene next week due to the Philippine peso's current performance against the US dollar.

Interviewed on Dobol B TV on Friday, Abad said diesel prices may be increased by at most "a little more than P1" per liter while kerosene's expected price increase will be less than P1/liter.

 

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