Motorists to welcome 2nd week of June with increased pump prices

fuel pump

MANILA: Oil players will increase the price of products at the pump anew for the second time this June. 

KEY TAKEAWAYS

  • What are the oil price adjustments this week?

    This week, pump prices of gasoline, diesel, and kerosene will go up by P0.60, P0.95, and P0.30 per liter, respectively.
  • When will the adjustments take place?

    The movements in pricing will be implemented tomorrow (June 10).
  • Petroleum companies such as Caltex, Unioil, Cleanfuel, Petron, and Phoenix Petroleum have announced in their respective social media pages that the cost of gasoline will jump by P0.60 per liter while diesel will spike by P0.95 per liter. 

    As for companies that sell kerosene, the said product will see a bump in its price by P0.30 per liter. 

    These changes are expected to take effect tomorrow, June 10, Tuesday. 

    fuel pump Photo by Ruben Manahan IV

    Last week’s movement 

    Last week, local players implemented a mixed adjustment with an increased price for gasoline and diesel while the price of kerosene went down. 

    Here are the said changes: 

    Product

    Price adjustment (Pesos per liter)

    Gasoline

    P0.40 (increase)

    Diesel

    P0.30 (increase)

    Kerosene

    P0.10 (decrease)

    Also read: 

    Royal Enfield PH launches Classic 650

    ‘What hafen, Vela?’ guy gets a Ford Ecosport

    Hyundai Motor PH unleashes new Creta

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