Fuel prices are expected to increase by about P2 per liter on Tuesday, July 18, Unioil Petroleum Philippines Inc. said Saturday.
Diesel prices will increase by P1.90 to P2.10 per liter, and gasoline by P1.80 to P2 per liter, Unioil said.
On July 11 fuel firms cut the per liter prices of gasoline by P0.20, and increased the price of diesel by P0.75 per liter.
There has been a year-to-date per liter net decrease of P2.95 in the price of diesel and P5.50 for kerosene, and an increase of P5.65 for gasoline.*