Fuel prices to go up for 2nd straight week tomorrow

fuel pump

Fuel companies in the Philippines will raise the retail prices of their products tomorrow (January 16, 2024).

KEY TAKEAWAYS

  • How much is the pump price adjustment for January 16, 2024?

    Local players will raise the price of gasoline by P0.30 per liter and P0.90 per liter on both diesel and kerosene.
  • What time will the prices be adjusted?

    The adjustments will be effective as early as 12:01 a.m. of January 16, 2024 on some brands.
  • Based on their respective announcements, Caltex, Cleanfuel, Jetti, Petron, and Seaoil are set to raise the pricing of gasoline products at the pump by P0.30 per liter. Diesel, on the other hand, will have a P0.90 per-liter hike.

    Caltex, Petron, and Seaoil shall also jack up the price of kerosene by P0.90 per liter. 

    Fuel station

    Other local fuel companies are expected to have the same adjustment, which will start as early as 12:01 a.m.

    Last week, gasoline, diesel, and kerosene prices all went up by P0.10 per liter.

    Photos from Ruben Manahan IV

    Also read:

    Motorists welcome 2024 with oil price rollbacks

    Kerosene to continue price hike this week

    Diesel, kerosene to go up this week

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