00:00A big fuel price increase is set for Tuesday, September 8, undoing last week's rollback
00:05as global and regional fuel markets remain under pressure.
00:08The Department of Energy announces the following fuel price adjustments for the week of September
00:128 to 14.
00:13Gasoline will increase by almost 5 pesos per liter, diesel by 5 pesos and 18 centavos per
00:19liter, and kerosene by almost 6 pesos per liter.
00:22This increase follows a recent rollback in fuel prices.
00:25Local pump prices remain significantly higher than pre-conflict levels.
00:29The rise in fuel prices is attributed to renewed tensions in the Middle East, affecting energy
00:34flows and the depreciation of the Philippine Peso against the US dollar.
