FUEL PRICES are up for the third straight week as oil companies announced rate hikes for gasoline, diesel and kerosene effective 6 a.m. of July 2.

Gasoline prices will increase by P1.20 per liter (/L), diesel by P0.95/L, and kerosene by P1.00/L.

Data from the Department of Energy showed that prior to the announced price hikes today, the net increase of year-to-date oil price adjustments was at P3.70/L for gasoline, P2.75/L for diesel and P1.10/L for kerosene. — Denise A. Valdez

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