3), with gasoline, diesel and kerosene prices rising again due to tight supply conditions and global. Pump prices will rise again starting tomorrow morning, extending a string of fuel hikes since the start of the year and further squeezing motorists, commuters, and transport operators. When will the movements in the pricing take place?
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Here’s a quick roundup of today’s top stories: On tuesday, petroleum retailers hiked the prices per liter of gasoline by p0.60, diesel. Fuel price hikes are expected to persist next week amid geopolitical tensions and robust demand, with diesel poised for an eighth week of an uptrend.
Another fuel price hike of up to p1 per liter is set on tuesday, february 10, as gasoline posts its fifth straight weekly increase.
Fuel firms announce official price movements every monday, to be implemented on the following day. Fuel companies raised the price of gasoline products by p1.00 per liter, diesel by p1.40 per liter, and kerosene by p0.70 per liter. Gasoline prices primed to jump by up to p1.60/liter at the pump read more:. Gasoline prices are seen to jump higher by p1.40 to p1.60 a liter.
Motorists will face another round of oil price hikes next week, with increases of as much as p1.60 per liter, amid persistent geopolitical tensions involving the united states and iran. 17, it would mark the sixth consecutive week of price hikes for gasoline.
