Oil firms are expected to implement another oil price hike on Tuesday, March 7.
Oil price projection ranges from P1.50 per liter of diesel, P0.40 centavos per liter of gasoline, and P1.25 per liter of kerosene.
Shell, Seaoil, Clean Fuel, Caltex, and Jetti are among those who will implement the preceding oil price increase.
More than half of the country’s energy supplies, such as coal and oil, are imported, leaving the Philippines vulnerable to new global market prices. –KC/Report from Naomi Tiburcio – gb
