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Oil firms jack up diesel, kerosene anew

fuel pump

Oil players in the Philippines jacked up the retail prices of diesel and kerosene anew — the second straight week for the last quarter of 2024.

KEY TAKEAWAYS

  • What are the oil price adjustments this week?

    This week, diesel will go up by P1.20 per liter and kerosene by P0.70 per liter.

  • When will the adjustments take effect?

    The movements in pricing will become effective starting today October 8.

    • Based on their corresponding advisories yesterday, Cleanfuel, Caltex, Jetti, Petron, Seaoil, and Unioil shall add P1.20 per liter on the price of diesel this week. Those that sell kerosene will also implement a P0.70-per-liter increase for kerosene, their announcements stated.

    fuel pump Photo from Ruben Manahan IV

    However, the pricing of gasoline will not have any price change this week.

    The movements on the retail prices commenced today (October 10).

    Last week, companies opened the last quarter of the year by adding P0.45 per liter on gasoline products, P0.90 per liter on diesel, and P0.30 per liter for kerosene.

    Also read:

    Oil firms to end 2-week price cut streak

    Major oil price cuts implemented today

    Oil firms to cut down prices by at least P1.30/L this week

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