Fuel price hike seen next week
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00:00After price rollbacks, an increase in the prices of petroleum products is expected next week.
00:05Gasoline prices are expected to rise by 65 to 90 centavos per liter. Meanwhile, diesel and
00:12kerosene prices may hike by 95 centavos to 1 peso and 10 centavos per liter. This forecast is based
00:20on industry estimates from oil trading in the past four days. Rising tensions in the Middle East,
00:26a reduction in OPEC's 2024 demand growth forecast and shifts in U.S.
00:31monetary policy have led to the latest increase in pump prices.