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Diesel Prices Expected to Surge by Up to ₱22/L Next Week; Gasoline May Increase by ₱16/L

Motorists in the Philippines should prepare for a significant price hike in petroleum products next week, with diesel prices potentially rising by ₱19 to ₱22 per liter and gasoline by ₱12 to ₱16 per liter due to global oil market trends and geopolitical tensions.According to sources within the oil industry, based on global oil trading results over the past four...