Gasoline pump products to go up by P1/L this week

After its price rose by more than P1 per liter last March 7, the pump price of gasoline will go up again for this week.

Based on their respective advisories today (Monday), Caltex, Cleanfuel, Petron, Seaoil, Total, and Unioil will raise the retail price of gasoline products by P1 per liter. However, the pricing of diesel shall slide down by P0.10 per liter following the P0.40 per liter hike last week.

Meanwhile, many of the aforementioned companies are also set to trim down the price of kerosene by P0.60 per liter after its price at the pump was jacked up by P1.25 per liter earlier this month.

Other oil firms are expected to show similar price movements.

The adjustment on prices will begin at 12:01 a.m. of March 14, 2023.

Last week, local oil players added P1.50 per liter on diesel, P0.40 per liter on gasoline, and P1.25 per liter on kerosene.

Photos from Ruben Manahan IV

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