Fuel prices seen to go up today

The Unioil Petroleum Philippines  advised motorists to expect higher fuel prices from Tuesday, June 29 to Monday, July 5.

In its latest fuel forecast, Unioil said the price per liter of diesel will increase by P0.70 to P0.80 next week.

Meanwhile, pump prices for gasoline will increase by P1.00 to P1.10 per liter.

The Department of Energy (DOE) said that effective June 22, oil companies implemented a price increase of P0.75 per liter for gasoline and P0.70 per liter for diesel and kerosene.

The DOE said this caused year-to-date adjustments to stand at a total net increase of P10.75 per liter for gasoline, P9.25 per liter for diesel, and P7.70 per liter for kerosene.

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