Gas prices rise by nearly P1/L
The prices of gasoline products at the pump increased by almost P1 per liter today, continuing the hike last week.
KEY TAKEAWAYS
What companies announced the adjustment for today?
Yesterday, fuel companies Caltex, Cleanfuel, Petron, Phoenix Petroleum, PTT Philippines, Seaoil, and Unioil announced their price adjustments.How much is the fuel price adjustment for today?
Based on their advisories, gasoline and kerosene shall reflect a P0.90-per-liter and P1.35-per-liter increase, respectively. Meanwhile, the pump price of diesel shall slide by P0.30 per liter.Based on their respective advisories yesterday (Monday November 14), Caltex, Cleanfuel, Petron, Phoenix Petroleum, PTT Philippines, Seaoil, and Unioil announced that the retail price of gasoline shall reflect a P0.90-per-liter increase.
Many of the aforementioned companies shall also add P1.35 per liter on kerosene.
On the other hand, oil firms are to cut down the price of diesel at their stations by P0.30 per liter today. This follows the P0.50-per-liter slide last Tuesday and the P0.60-per-liter decrease the week before.
Other firms are expected to implement the same adjustment.
The movement on pump prices started at 12:01 a.m. Tuesday.
Photos from Ruben D. Manahan IV
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