Big LPG price hike for 2nd month in row
The price of cooking gas will increase for the second month in a row by as much as P6.65 per kilogram today, according to local oil companies.
In an advisory on Thursday, Petron said it was raising the price of liquefied petroleum gas (LPG) by P73.15 per 11-kilo cylinder.
The price of Auto LPG likewise rose by P3.70 per liter.
“These reflect the international contract price of LPG for the month of September,” Petron said in a statement.
This is the second consecutive month that local oil firms implemented price increases for LPG. The price of the fuel per 11-kg cylinder rose by P50.05 in August.
According to the Department of Energy, the prevailing retail prices of LPG in Metro Manila range from P718 to P935 per tank.
Oil companies last cut the price of cooking gas in July by a mere P3.70 per kg, or P40.7 per 11-kg cylinder.