Fuel price hike set this week

Gas, diesel to go up by P0.40/L; kerosene P0.30/L

Fuel price hike set this week

MANILA: Oil companies are set to jack up the pricing of their products at the pump this week.

KEY TAKEAWAYS

  • What are the oil price adjustments this week?

    Oil companies shall jack up the price of gasoline and diesel by P0.40 per liter each, and kerosene by P0.30 per liter.
  • When will the adjustment take place?

    The movements will be implemented on May 27, 2024.
  • Based on their respective announcements, Caltex, Cleanfuel, Jetti, Petron, Seaoil, and Unioil shall raise the retail prices of gasoline and diesel products by P0.40 per liter each.

    In addition, Caltex, Petron, and Seaoil shall conduct a price hike on kerosene by P0.30 per liter.

    Fuel-pump

    The adjustments in the prices, which other companies are expected to similarly implement, will take effect starting tomorrow (May 27).

    Last week, local players cut down the price of gasoline by P0.10 per liter but added P0.25 per liter on diesel and P0.30 per liter on kerosene.

    Photos from Ruben Manahan IV

    Also read:

    Fuel companies to cut gasoline, bump up diesel, kerosene pump prices

    Oil firms to implement big-time rollbacks this week

    Fuel price drops continue this week

    Ruben Manahan IV

    Ruben Manahan IV

    Started his journalism stint as cub reporter for a local daily, Fort has been a news junkie ever since he started his career. He has covered for various sections of the newspaper ranging from politics to lifestyle, but his heart now belongs to motoring.

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