Fuel prices to hike again by more than P1 tomorrow

fuel pump

The price increase wave continues to as oil companies will further raise prices by more than P1 at the pump starting tomorrow.

Based on its respective announcements, Pilipinas Shell, Petron, Caltex, Seaoil and Cleanfuel announced that they will add P1.50 on the price of diesel by P1.30 on the price of gasoline.

Aside from that, the first four companies will also implement a price hike on kerosene by P1.45 per liter.

fuel pump

Other oil firms are expected to implement the same movement.

This is the second consecutive week that oil firms jacked up prices of by more than P1.

Last week, diesel and kerosene already went up by P2.05 per liter, AutoLPG by P2.10 per liter and gasoline by P1.45 per liter.

Photos from Ruben D. Manahan IV

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