Looming price hikes peg gasoline, kerosene at P0.45/L; P1.70/L for diesel
MANILA, Philippines — After two consecutive weeks of oil price rollbacks, oil firms will implement a price hike on pump products on Tuesday.
In separate advisories on Monday, Shell, Cleanfuel, SeaOil, Caltex, Petro Gazz, and PTT announced that the prices of their gasoline and diesel products will increase by P0.45 and P1.70 per liter, respectively.
Meanwhile, Shell, SeaOil, and Caltex’s kerosene prices will swell by P0.45 per liter.
Shell, SeaOil, Petro Gazz, and PTT’s price adjustment will be effective on April 19, 6 a.m.
Caltex and Cleanfuel will likewise change their prices on Tuesday but at 12:01 a.m. and 8:01 a.m., respectively.
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