Fuel prices up for 8th straight week

Fuel prices will increase for the eighth consecutive week starting Tuesday morning.

Gasoline prices will rise by PHP0.80 per liter and diesel by PHP0.65 per liter; kerosene prices will also increase by PHP0.45 per liter in some regions.

Year-to-date, gasoline has increased by PHP7.95 per liter and diesel by PHP10.20 per liter.

The continuous price hikes are attributed to global supply chain disruptions and geopolitical tensions, particularly the Russia-Ukraine conflict.

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