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Diesel, Gasoline Slated for New Price Hikes Next Week

World fuel prices are set to climb again as Middle East tensions keep oil and fuel products trading higher, Jetti Petroleum said.

Summary by Inquirer
MANILA, Philippines — Motorists may face another fuel price hike of up to P2.25 per liter next week as the war in the Middle East continues. On Friday, Jetti Petroleum president Leo Bellas said that diesel prices may increase by P1.75 to P2.25 a liter.  READ: Trump says Strait of Hormuz ‘new US territory,’ rules out

6 Articles

The price of fuel has continued this week with its upward trend, chaining its seventh consecutive rise, thus accumulating an increase of [...]

·Madrid, Spain
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The price of fuel has continued this week with its upward trend, chaining its seventh consecutive rise, thus accumulating a...

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The agreement to keep the price cap on regular gasoline at 24 pesos and diesel at 27 pesos will be renewed this Thursday, however, the gasoline producers pointed out that it took place through pressure from the authorities through greater regulation and making use of different dependencies.The holder of the Federal Consumer Prosecutor's Office (Profeco), César Iván Escalante Ruiz, said in the morning conference on Monday, August 17, that the aut…

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El CEO broke the news on Thursday, August 20, 2026.
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