Oil firms to add more than P1/L on gasoline tomorrow

After reducing less than P1 per liter last All Saints’ Day, local fuel companies will implement a bigger increase on the pump price of gasoline products tomorrow.

Based on their respective advisories, Caltex, Cleanfuel, Petron, PTT Philippines, Seaoil, and Unioil announced that they will add P1.40 per liter on gasoline. The adjustment for tomorrow will follow the November 1 movement wherein companies rolled back P0.25 per liter on the same products.

Meanwhile, diesel will have a P0.50-per-liter cut down following last week’s P0.60-per-liter reduction.

Further, many of the aforementioned oil players will also implement a P0.35-per-liter slide on kerosene.

Other firms are expected to implement the same tweaks.

The movement on pump prices will start at 12:01 a.m. Tuesday.

Photos from Ruben D. Manahan IV

Diesel to go down by more than P1/L

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