A fuel station worker attends to a client along Pearl Drive on Commonwealth Avenue, Quezon City. Diesel, kerosene prices set to climb next week. (PNA photo by Ben Briones)
MANILA, Philippines – Motorists may face another diesel price hike next week as the escalating Middle East conflict fuels concerns over global supply, an industry source said.
Diesel prices could increase by P2.00 to P4.00 per liter on July 14, based on the first four trading days’ Mean of Platts Singapore and foreign exchange averages.
READ: US, Iran trade new strikes in fight over Strait of Hormuz
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