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10th straight fuel price hike looms this week

Metro Manila, September 11 ------ Another round of fuel price hikes is seen to take effect this week, according to a forecast by Unioil Petroleum Philippines Inc.

Unioil said fuel price adjustments are expected from Sept. 12 to Sept. 18. Diesel may go up by 40 to 60 centavos per liter while gasoline is expected to increase by 10 to 30 centavos per liter.

According to the Department of Energy's monitoring on Sept. 5, the price adjustments resulted in a year-to-date increase of gasoline by ₱15.30 per liter, diesel by ₱10.70 per liter and kerosene by ₱7.74 per liter.



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