MANILA, Philippines — The Department of Energy (DOE) on Monday announced a steep rise in fuel prices to be implemented on Tuesday, September 8, as the global market reacted to recent tensions in the Middle East and in Russia.
The DOE said diesel prices will increase by up to P5.18 per liter, gasoline by up to P4.69 per liter, and kerosene by up to P5.58 per liter.
Shell said it will raise diesel prices by P5.20 per liter, gasoline by P4.70 per liter, and kerosene by P5.60 per liter.
Meanwhile, PetroGazz said that it will hike diesel prices by P5.18 per liter and gasoline by P4.69 per liter.
