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Gasoline price hike seen but no change for diesel

No price change is expected for diesel on Tuesday May 30, Unioil Petroleum Philippines said on Saturday.

But gasoline prices may increase by P1 to P1.20 per liter, it said

On May 23 gasoline prices went up by P0.80 per liter and diesel by P0.60 per liter.

Diesel and kerosene have seen year-to-date net decreases of P5.05 per liter and P6.40 per liter, respectively, the Department of Energy said.

Gasoline has had a net increase of P5 per liter this year, the DOE added.*

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