Philippines Faces Fuel Price Hike: Diesel, Kerosene to Rise Over P3/L
Economy

Philippines Faces Fuel Price Hike: Diesel, Kerosene to Rise Over P3/L

Fuel prices in the Philippines are set to increase, with diesel and kerosene prices expected to rise by over P3 per liter. Gasoline may see a slight rollback or increase. The Department of Energy believes the worst is over due to stabilizing international crude oil prices, but domestic price normalization may take several months.

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