Fuel prices set to increase this week

Fuel price increase | INQUIRER FILE PHOTO

The motoring public will have to pay up to 50 centavos more for petroleum products starting Tuesday.

In separate advisories, Seaoil, Shell Pilipinas, and Cleanfuel said the per-liter prices of diesel and kerosene would increase by 50 centavos.

READ: Fuel price cut from Oct 22: 70¢/liter for diesel, 50¢/liter for gasoline

Gasoline would also slightly go up by 20 centavos a liter.

Rodela Romero, director of the Department of Energy (DOE) Oil Industry Management Bureau, earlier said that the upward adjustments could be attributed to the increasing demand from South Korea and Iran’s retaliation against Israel, which could disrupt the supply situation.

Romero also reminded retailers to observe a price freeze for household LPG and kerosene in areas under a state of calamity due to the effects of Severe Tropical Storm Kristine.