MANILA, Philippines – Geopolitical developments overseas are projected to result in up to P0.50 per liter increase in domestic fuel prices next week. Citing price developments as of Dec. 25, Jetti Petroleum president Leo Bellas, in a report, said diesel prices are expected to increase between P0.30 to P0.50 per liter, and gasoline by up to P0.10 per liter. READ: Rollback of fuel prices to happen before Christmas “Oil prices have been supported by geopolitical developments as the tougher U.S. sanctions enforcement on Venezuela and intensified attacks by Ukraine on Russian oil infrastructures have raised the risk of supply disruptions,” he […]... Keep on reading: Pump prices of fuel to increase again next week