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Oil companies are expected to raise petroleum prices by up to P1.90 per liter next week.
According to Rodela Romero, director of the Department of Energy’s Oil Industry Management Bureau, diesel prices may see the largest increase, between P1.70 and P1.90 per liter.
Gasoline prices may also increase by P1.10 to P1.40 per liter, while kerosene may hike by P1.10 to P1.20 a liter.
Oil firms increase diesel prices by P1.
