MANILA, Philippines — The Department of Energy on Monday announced that diesel and kerosene prices will increase this week, while gasoline prices will slightly go down as tensions in the Middle East again influenced global oil prices.
The agency said that diesel prices will increase by P1.20 per liter while kerosene prices will go up by P0.50 per liter. The cost of gasoline will decrease by P0.30 per liter.
Last week, diesel prices jumped by P2.60 per liter, gasoline prices dropped by P4.30 per liter, while kerosene prices declined by P1 per liter.
