Philippine fuel prices rise over P1 per liter on Nov. 26, driven by global supply issues.

Several Philippine fuel companies are raising prices on November 26, with diesel and gasoline increasing by over P1 per liter and kerosene by P0.80 per liter. This price hike follows last week's decreases and is attributed to geopolitical tensions involving Russia, potential refinery closures, and production issues in Norway. Gasoline prices have risen by a net P10.15 per liter since the year began.

November 25, 2024
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