A price hike on petroleum products will likely strike again next week.
There will be an estimated per liter increase of P 1.00 for gasoline;P1.34 on diesel and P1.09 for kerosene.
However, the data may possibly change in the coming days.
Department of Energy (DOE) said the price surge is caused by the current tension between the United States and Iran.
“Patuloy pa rin naman ang pagmomonitor ng Department of Energy sa kalakalan sa international market para makita natin na yung nangyayaring adjustment dito or development ay dala lamang ng international development,” said Oil Management Bureau Asst. Director Del Romero.
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