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Oil firms implement big-time price hike again today

fuel pump

Fuel companies in the Philippines have announced that they will implement a major price hike on their products at the pump again today.

KEY TAKEAWAYS

  • How much is the price adjustment for tomorrow?

    Oil companies will add P4.10 per liter on diesel, P3 per liter per liter on gasoline and P3.50 per liter on kerosene.

  • What are the companies that will have the adjustment today?

    The companies that will make the price adjustments are Petron, Caltex, Cleanfuel, Seaoil, Total, Petrogazz, and Unioil. 

    • Based on their respective advisories, Petron, Caltex, Cleanfuel, Seaoil, Total, Petrogazz, and Unioil will jack up the price of diesel by P4.10 per liter and gasoline by P3 per liter.

    fuel pump dispenser

    Many of the aforementioned oil firms are also set to raise the retail price of kerosene by P3.50 per liter.

    Other oil firms are expected to follow suit.

    Last week, oil industry players increased the price of diesel by P1.70 per liter as well as gasoline and kerosene by P0.45 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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