Around P2/liter increase forecast in 11th straight oil hike

ABS-CBN News

<p>MANILA — Experts forecast an around P2 per liter increase on fuel products as pump prices are seen to increase for the 11th straight week. </p><p>Diesel and kerosene will have the largest hike of between P2.30-P2.60 per liter, and P2-P2.30 per liter respectively. </p><p>Gasoline prices will increase by from P1.70 to P2. </p><ul class='op-related-articles'>	<li><a href='https://news.abs-cbn.com/news/09/16/23/doe-urges-motorists-to-be-wise-in-buying-fuel'>As another oil price hike looms, DOE urges motorists to be 'wise' in buying fuel</a></li></ul><p>Experts continue to attribute this to production curbs set by Russia and Saudi Arabia. </p><p>The recent spike in oil prices is expected to prompt companies into another wave of price increases for basic goods. </p><p>Oil prices have not gone down since July.</p><p><strong>— Report by Alvin Elchico, ABS-CBN News</strong></p><figure class='op-interactive'><iframe height='315' src='https://www.youtube.com/embed/Ip9zZT937CI?enablejsapi=1' width='560'></iframe></figure><div class='iwantbar'>Watch more News on <a href='https://www.iwanttfc.com/#!/browse/Genres/News/tag_id_genres/id_news' target='_blank'>iWantTFC</a></div>

<p>Experts continue to attribute this to production curbs set by Russia and Saudi Arabia. </p><p>The recent spike in oil prices is expected to prompt companies into another wave of price increases for basic goods. </p><p>Oil prices have not gone down since July.</p><p><strong>— Report by Alvin Elchico, ABS-CBN News</strong></p><figure class='op-interactive'><iframe height='315' src='https://www.youtube.com/embed/Ip9zZT937CI?enablejsapi=1' width='560'></iframe></figure><div class='iwantbar'>Watch more News on <a href='https://www.iwanttfc.com/#!/browse/Genres/News/tag_id_genres/id_news' target='_blank'>iWantTFC</a></div>

<p>Gasoline prices will increase by from P1.70 to P2. </p><ul class='op-related-articles'>	<li><a href='https://news.abs-cbn.com/news/09/16/23/doe-urges-motorists-to-be-wise-in-buying-fuel'>As another oil price hike looms, DOE urges motorists to be 'wise' in buying fuel</a></li></ul>

<p>MANILA — Experts forecast an around P2 per liter increase on fuel products as pump prices are seen to increase for the 11th straight week. </p><p>Diesel and kerosene will have the largest hike of between P2.30-P2.60 per liter, and P2-P2.30 per liter respectively. </p>

Experts forecast an around P2 per liter increase on fuel products as pump prices are seen to increase for the 11th straight week. 

Around P2/liter increase forecast in 11th straight oil hike | ABS-CBN News

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Around P2/liter increase forecast in 11th straight oil hike

Around P2/liter increase forecast in 11th straight oil hike