A large increase in fuel prices is expected on Tuesday, June 12, Unioil Petroleum Philippines announced Saturday.
Diesel prices will increase by P1.30 to P1.50 per liter, and gasoline by P1.10 to P1.30 per liter.
Fuel firms implemented a per liter decrease of P.60 for gasoline and kerosene, and P0.30 per liter for diesel on June 6.
There has been a year-to-date net decrease for kerosene of P7.735 per liter and diesel by P5.35, while, the price of gasoline had a net increase of P5.50 per liter, the Department of Energy reported last week.*