No break from rising fuel prices are seen next week as gasoline prices are expected to rise anew.
Gasoline prices may go up by 40 centavos to 60 centavos per liter, according to Jetti Petroleum president Leo Bellas.
‘Gasoline remained supported due to an uptick in domestic demand from China and India, and healthy spot demand from Indonesia,’ Bellas said Friday.
Diesel prices, meanwhile, might remain at current prices or have a small price cut of 10 centavos a liter.
Fuel prices also rose last week, with diesel and kerosene increasing by seventh consecutive time. /rwd