Oil price hike seen this week

Posted at 04/21/14 10:11 AM

MANILA, Philippines -Fuel retailers are hinting at a price hike this week.

Motorists may see an increase of P0.60 to P0.80 per liter for gasoline and kerosene and P0.50 to P0.75 per liter for diesel.

Crude prices in the international market have been rising due to concerns over the crisis in Ukraine.

An Easter truce declared by authorities in Kiev was shattered after two groups opened fire on each other, Sunday. - ANC