Fuel prices up next week; LPG to decrease

“Unfortunately, we will see an increase next week for all petroleum products,” Department of Energy (DOE)-Oil Industry Management Bureau director Rino Abad said in an interview with dzBB yesterday.

STAR / KJ Rosales, file

MANILA, Philippines — Higher pump prices are expected to greet motorists during the first week of 2023, while prices of cooking gas could see a decrease.

“Unfortunately, we will see an increase next week for all petroleum products,” Department of Energy (DOE)-Oil Industry Management Bureau director Rino Abad said in an interview with dzBB yesterday.

Based on the first four trading days of the week, Abad said there could be a more or less P2 per liter jump in gasoline and diesel prices, while that of kerosene could see a more than P2 per liter hike.

Full Story: https://www.philstar.com/headlines/2022/12/31/2234363/fuel-prices-next-week-lpg-decrease