Motorists to welcome Apr. with retail price hikes
MANILA: Local players will increase the price of fuel tomorrow, marking the second hike after consecutive cuts of pump prices.
KEY TAKEAWAYS
How much will the price of gasoline and diesel increase tomorrow?
Tomorrow, the price of gasoline will increase by P1.40 per liter while diesel will jump by P1.20 per liter.When will these changes take effect?
The said changes are expected to take effect tomorrow.Based on their corresponding advisories, Caltex, Cleanfuel, Petron, Seaoil, and Unioil shall increase the price of gasoline by P1.40 per liter and diesel by P1.20 per liter.
Photo by Ruben Manahan IVFurther, the market will see a bump in the price of kerosene by P1.20 per liter.
Other brands are expected to follow suit.
The aforementioned adjustments will take effect tomorrow, (April 1).
Last week’s movement
Last week, the price of gasoline jumped by over a peso, while the costs of diesel and kerosene saw a slight movement. The table below shows the increase implemented on March 25.
|
Gasoline |
+P1.10 per liter |
|
Diesel |
+P0.40 per liter |
|
Kerosene |
+P0.40 per liter |
Also read:
MIAS looks back at beginnings ahead of 20th anniversary
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