Diesel, gasoline prices set to jump by up to P7.30 on July 28

Filipino motorists are set to feel the pinch this week, with oil companies preparing to raise pump prices by roughly P7 per liter starting Tuesday — one of the steeper single-week increases so far this year. Unioil was first to issue an advisory on the adjustment, confirming that diesel prices will climb by P7.30 per liter, while gasoline will rise by P6.80 per liter effective Tuesday. The hike comes on the heels of a sharp jump in global crude prices, driven by renewed fighting between the United States and Iran that rattled energy markets and pushed oil prices up more […]...

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