MANILA, Philippines — The Department of Energy (DOE) on Monday said that gasoline and kerosene prices will increase this week but the cost of diesel will go down.
The DOE said that gasoline prices are expected to increase by up to P1.90 per liter, while kerosene prices will be raised by around P1.22 per liter.
The cost of diesel will go down by up to P1.16 per liter.
Oil companies adjust their pump prices every Tuesday.
Last week, oil companies lowered diesel prices by P9.04 per liter, gasoline by P3.90 per liter, and kerosene by P11.00 per liter.
