MANILA, Philippines—The cost of diesel is expected to go beyond P160 per liter this week as the war in the Middle East continues to affect fuel prices.
Shell said that on Tuesday, April 7, it will raise diesel prices by P19.80 per liter, gasoline by P5.90 per liter, and kerosene by P9.10 per liter.
Last week, gasoline prices increased by up to P2.90 per liter, diesel by P4.50 to P12.90 per liter, and kerosene by P1.00 to P2.40 per liter.
The Department of Energy said that based on its monitoring in Metro Manila and highly urbanized areas last week, gasoline prices ranged at around P81.65 to P114 per liter, diesel prices were P109.50 to P153.10 per liter, while the cost of kerosene ranged from P141 to P169.19 per liter.