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Oil firms hike pump prices for 3rd time this Jan.

fuel pump

Fuel companies has continued its pump price hike today—making it the third consecutive increase for the month of January.

KEY TAKEAWAYS

  • How much is the price increase of oil products today?

    Diesel went up by P1.80 per liter, gasoline by P0.90 per liter and kerosene by P2.30 per liter.

  • All in all, how much has prices of pump products increase in 2022?

    In a span of three weeks, gasoline prices grew by P3.5 per liter, diesel by P5.30 per liter and kerosene by P5.05 per liter.

    • In their respective advisories, Petron Philippines, Caltex Philippines, Cleanfuel, Seaoil Philippines, Unioil and Flying V said that they will raise the price of diesel by P1.80 per liter and gasoline by P0.90 per liter.

    Aside from that, most of the abovementioned oil firms are to jack up the price of kerosene this day by P2.30 per liter.

    Fuel station

    Other companies are expected to implement the same movement.

    For the first three weeks, the total amount of price hike on products at the pump up to today are as follows:

    • Gasoline: P3.5 per liter
    • Diesel: +P5.30 per liter
    • Kerosene: +P5.05 per liter

    Photos from Ruben D. Manahan IV 

    Also read:

    Local Oil Chief says Global Oil Price Collapse Good for Import-Dependent PH

    Top 24 Fuel Efficient Cars In The Philippines

    5 Tips on How To Get Better Fuel Economy while Driving on Highway

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