outbrain
Close  

Diesel, gasoline pump prices rise for 4th week

/ 05:30 AM September 04, 2018

Local fuel prices went up for the fourth week in a row as the global market anticipated losing significant output from Iran, which is facing economic sanctions from Western countries.

Oil companies raised prices of diesel by P1.20 per liter and gasoline by 95 centavos per liter starting at 6 a.m. on Tuesday.

ADVERTISEMENT

Those which have announced price increases include Pilipinas Shell, PTT, Seaoil, Total, Chevron (Caltex), Phoenix, Eastern Petroleum, and Flying V.

Shell, Caltex, and Seaoil also raised the prices of kerosene by 95 centavos per liter.

FEATURED STORIES

Based on monitoring by the Department of Energy, the latest price changes brought the price of diesel in Metro Manila to within the range of P43.30 to P48.05 a liter.

A liter of gasoline with an octane rating of 95 is now in the range of P51.00 to P62.83 while a liter of kerosene is now at P47.67 to P57.85. —RONNEL W. DOMINGO

Read Next
EDITORS' PICK
MOST READ
Don't miss out on the latest news and information.
View comments

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: Business, diesel, Fuel, gasoline, Local news, Nation, national news, news, Price
For feedback, complaints, or inquiries, contact us.


© Copyright 1997-2020 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.