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Diesel, kerosene to climb by more than P1/L

fuel pump

Oil prices are set to raise their prices at the pump this week — with both diesel and kerosene set to jack up by more than P1 per liter.

KEY TAKEAWAYS

  • How much are the fuel price adjustments for September 5, 2023?

    Local oil players are set to raise the price of diesel by P1.20 per liter, gasoline by P0.50 per liter, and kerosene by P1.10 per liter.

  • When will the adjustments take effect?

    Some local players will implement adjustments on pump prices as early as 12:01 a.m. tomorrow.

    • Based on their announcements, Caltex, Cleanfuel, Seaoil, Petron, and Unioil are set to increase the retail price of diesel by P1.20 per liter. On the other hand, gasoline products shall reflect a P0.50 per-liter-hike tomorrow (September 5, 2023).

    Additionally, the pricing of kerosene will be up by P1.10 per liter.

    fuel pump

    Other oil companies are expected to follow suit.

    The latest adjustment on fuel price — to reflect on some firms by 12:01 a.m. — shall continue the string of price hikes last month. Last week, the aforementioned firms added P0.70 per liter on the retail price of diesel, P0.30 per liter on gasoline, and P0.80 per liter on kerosene.

    Photos from Ruben Manahan IV

    Also read:

    Oil firms to raise pump prices anew

    Gasoline retail prices rises by more than P1/L today

    Oil firms to raise gas prices by nearly P2/L this week

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