Groundhog Day: Fuel prices to increase yet again, diesel to jump by P3.10/liter

Groundhog Day: Fuel prices to increase yet again, diesel to jump by P3.10/liter

MANILA: There seems to be no stopping the rise of pump prices. Gasoline will increase by P0.80 per liter, kerosene by P1.70 per liter, and diesel will see a huge jump by P3.10 per liter tomorrow (June 21). 

KEY TAKEAWAYS

  • Why are local fuel prices rising tomorrow (June 21)?

    Department of Energy-Oil Industry Management Bureau (DOE-OIMB) director Rino Abad said the global fuel situation continued to be tight in terms of supply, a report stated.
  • Caltex will implement the price changes at midnight Tuesday, while Petron and Shell will conduct the same from 6 a.m. onwards. 

    Around the same time as the above fuel companies, Flying V, Petro Gazz, Phoenix, PTT Philippines, Seaoil, and Unioil will follow the price increase on pump products. Cleanfuel will increase pump prices at 8 a.m..

    Department of Energy-Oil Industry Management Bureau (DOE-OIMB) director Rino Abad said the global fuel situation continued to be tight in terms of supply, a report stated.

    Photo from Chevron Philippines, Inc.  

    Also read: 7 tips to improve your car’s fuel efficiency

     

     

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