Motorists Brace for Fourth Consecutive Week of Oil Price Hikes

Oil Price Hike

Motorists should prepare for the fourth consecutive week of oil price hikes, with gasoline expected to see the most significant increase, potentially as high as P1.50 per liter. This forecast comes from Rodela Romero, the assistant director of the Department of Energy-Oil Industry Management Bureau. Romero estimates that gasoline prices will rise between P1.25 and … Read more