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Oil prices hike in the Philippines expected this April

Oil prices are expected to increase next week in the Philippines after the holy week. Estimates as of present are an increase of Php .90 to Php 1 per liter for Diesel, Php .80 per liter for Gasoline, and Php Php .90 to Php 1 per liter for Kerosene.

This is the third consecutive week of the oil price hike in the Philippines.

Petron, on the other hand, has advised of an increase in prices of their liquefied petroleum gas (LPG) starting 12:01 am of April 1st. The price increase for LPG will be Php 0.25 per kilo while auto-LPG will increase its price of Php 0.15 per kilo.

As a result, each LPG tank will increase its price by Php 2.75.

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