MANILA, Philippines — An oil price hike will be implemented beginning Tuesday, according to Department of Energy's (DOE) Oil and Industry Management Assistant Director Rodela Romero. He attributed the oil price hike to the international market, as production of oil had been tight. 'Base po sa monitoring natin sa international oil market, makakaranas po tayo ng pagtaas ng presyo ng produktong petrolyo, gaya na gasolina, diesel at kerosine,' Romero said on the Laging Handa public briefing. (Based on our monitoring of the international market, we will experience a price increase of petrol products like gasoline, diesel and kerosine.

https://newsinfo.inquirer.net/1787011/oil-price-hike-will-begin-june-13-amid-global-production-cuts-doe-execs

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