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Local oil firms to jack up pump prices this week

fuel pump

Motorists can expect a fuel price hike this week following the announcement of local oil players today.

KEY TAKEAWAYS

  • How much are the fuel price adjustments for June 27, 2023?

    Prices of gasoline products will go up by P0.20 per liter, diesel by P1.05 per liter, and kerosene by P1.20 per liter.

  • What time will the adjustments take place?

    The adjustments on pump prices will be implemented as early as 12:01 a.m.

    • Based on their respective advisories, Caltex, Cleanfuel, Seaoil, and Unioil said that their gasoline products’ pump prices shall reflect an increase of P0.20 per liter, while diesel’s retail price will climb by P1.05 per liter.

    Further, some of the aforementioned brands will add P1.20 per liter on the price of kerosene.

    fuel pump

    The movement fuel prices — which other companies are expected to follow suit — shall begin at 12:01 a.m. Tuesday (June 27).

    Last week, gasoline prices went down by P0.35 per liter, diesel by P0.10 per liter, and kerosene by P0.30 per liter.

    Photos from Ruben Manahan IV

    Also read:

    Oil prices to slide down this week

    Fuel pump prices go up by more than P1/L

    Oil prices to slide down this week

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