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Oil firms to jack prices across-the-board for third time this December

Fuel station

Oil companies are set to implement another round of price hike on its products tomorrow (Tuesday, December 22), the third movement for the month of December.

First to announce was independent oil player Cleanfuel, who will implement an increase of P0.75 per liter on gasoline and P0.85 per liter on diesel.

Other oil firms are expected to implement the same movement tomorrow, as they are also implementing an upward movement on the price of kerosene by P0.80 per liter.

Cleanfuel

Last December 15, oil prices were adjusted upwards across-the board—gasoline by P0.50 per liter, diesel by P0.60 per liter and kerosene by P0.50 per liter.

In December 8, oil firms have adjusted the price of diesel by adding P0.40 per liter, P0.60 per liter on kerosene and P0.25 per liter on gasoline.

Photos from Ruben D. Manahan IV, Cleanfuel

Also read:

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

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