Oil companies impose 8th straight price hike for year

fuel pump

Prices of fuel products at the pump are set to increase again today.

KEY TAKEAWAYS

  • How many fuel price hikes have been implemented this year?

    Since the start of the year, companies have already made eight straight price increases.
  • How much is the price adjustment for today?

    Gasoline will have an added P.80 per liter; diesel, P0.65, and kerosene, P0.45 per liter.
  • Based on their respective advisories, Petron, Caltex, Cleanfuel, Seaoil, Total Philippines, Unioil and PTT Philippines announced that gasoline products will reflect an additional P0.80 per liter while the price of diesel will have an extra P0.65 per liter.

    Aside from that, many of the aforementioned companies will also raise the price of kerosene by P0.45 per liter.

    Fuel station

    Other companies are expected to implement the same adjustment.

    All in all, the total price hike on pump products since the start of 2022 will be as follows:

    • Gasoline: P8.75 per liter
    • Diesel: P10.85 per liter
    • Kerosene: P9.55 per liter

    Photos by Ruben D. Manahan IV 

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