Another wave of fuel price hikes will hit motorists this Tuesday, with diesel and kerosene increasing for the seventh straight week.
In an advisory, Seaoil said diesel and kerosene would be more costly by 80 centavos and 20 centavos per liter, respectively.
Gasoline will also inch up by 20 centavos a liter.
Industry sources said last week that the expected increases could be attributed to the market’s fears of supply shortfalls, especially amid Russia’s partial diesel export ban.
Another major factor affecting prices was the new US sanctions against Iran over allegedly failing to comply with its commitments under the 2015 nuclear deal./tad