Oil companies will be implementing price increases for the fourth consecutive week, effective on Tuesday, July 9, 6 AM.

In separate advisories, gasoline will cost P1.60 more per liter, and diesel P0.60 more per liter. P0.60 will also be added to the cost of every liter of Kerosene.

The price hike is due in part to rising demands and the geopolitical tensions in the Middle East.

The last price rollback was nearly a month ago, on June 11.