(Photo by Marou Sarne)
Starting tomorrow, December 24, 2024, petroleum companies are set to raise diesel prices by P1.45 per liter, gasoline by P0.50 per liter, and kerosene by P0.75 per liter.
Asst. Director Rodela Romero of the Department of Energy - Oil Industry Management Bureau stated that the price increase for petroleum products is due to the strengthening dollar and a decline in the crude oil stockpile of the United States.
Last week, there was already a price increase in petroleum products.
