PRICES of gasoline, diesel and kerosene products are set to rise this week to reflect global price movements, according to separate advisories issued by oil companies yesterday.

Gasoline products will increase by P1.05 a liter, while diesel and kerosene will cost P0.70 higher a liter.

Most of the oil companies that sent their advisories as of Monday afternoon scheduled the price adjustment at 6:00 a.m. on Tuesday, July 16.

Last week, they raised the price of gasoline by P0.25 a liter and cut diesel and kerosene prices by P0.40 a liter and P0.35 a liter, respectively.

Year-to-date adjustments as of July 10 stood at a net increase of P5.15 a liter for gasoline, P3.30 a liter for diesel and P1.75 a liter for kerosene, according to the Energy department website.

Meanwhile, President Rodrigo R. Duterte has signed into law the bill mandating a 20 percent student fare discount on all public vehicles, according to the presidential palace.

Under the law that Mr. Duterte signed on April 17, the discount will apply to regular domestic fares. Students must present their school IDs or validated enrollment forms to be eligible.

It covers all public transportation such as buses, jeepneys, taxis, tricycles, trains, aircraft and ships. The discount will not cover school, shuttle and tourist services.

The fare discount may be availed of during the entire period while the student is enrolled, including weekends and holidays.

Transport agencies have 90 days to issue rules implementing the law. — Victor V. Saulon and Arjay L. Balinbin