Diesel to go up by PHP 4.20-4.40 and Gasoline by PHP 1.40-1.60 on June 14, 2022

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It seems another big fuel price increase is set to take place sometime next week. According to industry sources, as reported by news outlets, the fuel price increases are set for June 14, 2022.

Gas Price Fuel Diesel Pump 01

Here are the corresponding increases for Diesel, Gasoline, and Kerosene:

Diesel: PHP 4.20-4.40

Gasoline: PHP 1.40-1.60

Kerosene: PHP 4.70-4.90

What makes this fuel price increase significant is the fact that just this week the Department Of Energy (DOE) said that fuel prices were unlikely to hit a price of PHP 100 per liter. With the current trend though, it might just happen, the incoming price hike will bring fuel closer (or over) the PHP 80 per liter price.

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Pablo Salapantan

Pablo Salapantan

Pablo's first word was probably "Car", and this has developed into a personal passion that has consumed his professional life as well.

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