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Local firms to raise fuel pump prices this week

Fuel station

Fuel companies shall jack up the prices of products at the pump this week.

KEY TAKEAWAYS

  • How much are the fuel price adjustments for October 24, 2023?

    Local oil players will jack up the retail prices of diesel by P1.30 per liter, gasoline by P0.95 per liter, and kerosene by P1.25 per liter.

  • What time will the adjustments take place?

    The adjustments on pump prices on some oil players are set to be implemented as early as 12:01 a.m. tomorrow.

    • Based on their respective advisories today (October 23), Caltex, Cleanfuel, Petron, Seaoil, and Unioil will conduct the retail price  hikes on diesel by P1.30 per liter and gasoline by P0.95 per liter.

    Additionally, local players are also set to raise the price of kerosene by P1.25 per liter.

    fuel pump

    The adjustments will be effective to some firms as early as 12:01 a.m. tomorrow (October 24). Other players are expected follow suit.

    Last week, the price of gasoline products went up by P0.55 per liter but prices of diesel and kerosene rolled back by 0.95 per liter each.

    Photos from Ruben Manahan IV

    Also read:

    Fuel pump prices to slide by more than P2/L this week

    PH oil players slash P2/L on gasoline

    Oil prices to slide this week

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