Fuel price increase possible next week —DOE

Pump prices of petroleum products may increase next week, the Department of Energy (DOE) said Saturday.

The DOE said gasoline prices may increase by P0.15 per liter, diesel by P0.60 per liter and kerosene by P0.55 per liter.

The possible increases in the prices of fuel products is based on last week's international oil trading.

The DOE expects the price adjustments to take effect by Tuesday next week. —ALG, GMA News