Big-time fuel price hike expected anew next week

PTVPhilippines

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00:00Prepare for another significant jump in diesel prices next week, with a double-digit hike expected,

00:06still due to the ongoing global oil shock linked to the Middle East conflict.

00:11The price of diesel could increase by 11 pesos to 12 pesos per liter.

00:15This projected increase could push the per liter price of diesel to between 118 pesos and 146 pesos and 30

00:24cents,

00:25nearing the 150 peso mark.

00:27According to Oil Industry Source, this estimate is based on the mean of PLAS Singapore or MOPS trading over the

00:35past four days.

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