After five consecutive weeks of oil price rollbacks, pump prices are expected to increase by as much as P1.50 per liter on Tuesday.
In its oil forecast for the Dec. 14 to 20 trading week, Unioil said the price per liter of diesel may go up by P1.30 to P1.40. Gasoline prices, on the other hand, may increase by P1.40 to P1.50 per liter.
Year-to-date adjustments stood at a total net increase of P18.10 per liter for gasoline, P15.70 per liter for diesel, and P13.19/liter for kerosene.
Liquefied petroleum gas (LPG) prices were also slashed by as much as P4.75 per kilo on Dec. 1 or equivalent to a price rollback of P52.25 per 11-kilo tank.
LPG prices ranged from P884 to P1,017 per 11-kilo tank based on the latest monitoring of the Department of Energy.