Slight price hike on gas, diesel today
MANILA: Beginning today, January 17, oil companies will implement pricing modifications for petroleum goods.
KEY TAKEAWAYS
How much have gas prices risen today, Jan. 17?
Major oil companies said in separate warnings that they would raise the price of gasoline by P0.95 per liter and the price of diesel by P0.50 per liter. However, Caltex, Seaoil, and Shell will reduce the cost of kerosene by P0.15 per liter.Major oil companies said in separate warnings that they would raise the price of gasoline by P0.95 per liter and the price of diesel by P0.50 per liter.
However, Caltex, Seaoil, and Shell will reduce the cost of kerosene by P0.15 per liter.
Caltex implemented the price hike on midnight Tuesday, while Petron and Shell have done the same from 6 a.m. onwards.
Around the same time as the above fuel companies, Cleanfuel, Flying V, Petro Gazz, Phoenix, PTT Philippines, Seaoil, and Unioil followed the price change.
According to a report from the Philippines News Agency, oil prices improved last week as a result of lower U.S. inflation data and expectations for a recovery in Chinese demand as a result of loosening its coronavirus disease 2019 (Covid-19) limitations.
Photo from Chevron Philippines Inc.,
Also read: 5 Reasons why Caltex Rewards is the perfect road trip companion
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