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Expect huge oil price hike next week

The Manila Times 4 h

Philippines

Expect huge oil price hike next week — Sources: The Manila Times

MOTORISTS are in for a big spike in fuel prices next week, as the global oil market continues to react to mounting tensions in the Middle East and Russia, local oil industry sources said on Friday. The per-liter price of diesel is expected to range between P4.50 and P5, and gasoline between P4 and P4.50. The estimates are based on the four-day trading of Mean of Platts, Singapore, the pricing inde

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Expect huge oil price hike next week

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