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Philippines Anticipates Significant Oil Price Hike Next Week

Pump prices in the Philippines are expected to rise by over P4 per liter next week, as hopes for the reopening of the Strait of Hormuz diminish.

14 Aug, 16:00 — 14 Aug, 16:00
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philstarMostly Factual2d ago

Over P4/liter oil price hike looms next week

Pump prices are set to rise next week as hopes fade anew that the Strait of Hormuz will reopen soon.

By Brix Lelis

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