Oil price hike streak in June continues

fuel pump

Local fuel companies are set to continue the price hike for their products at the pump tomorrow — the fourth consecutive increase for the month of June.

KEY TAKEAWAYS

  • How much is the fuel price adjustment tomorrow?

    Fuel companies will add P3.10 per liter on diesel, P1.70 per liter on kerosene, and P0.50 per liter on gasoline.
  • How much has already been added to the prices of the pump products since June 2022 started?

    Including the adjustment for tomorrow, oil firms have already added P17.05 per liter of diesel, P13.70 per liter of kerosene, and P6.15 per liter of gasoline for the month of June alone.
  • Based on their respective advisories, Petron, Caltex, Cleanfuel, Seaoil, Unioil and PTT Philippines will raise the price of diesel by P3.10 per liter, and gasoline by P0.50 per liter.

    Aside from that, many of the aforementioned firms are also jacking up the retail price of kerosene by P1.70 per liter.

    fuel pump

    Other industry players are expected to implement the same adjustment.

    As of last week, companies have already added P13.95 per liter of diesel, P12 per liter of kerosene, and P5.65 per liter of gasoline.

    Photos from Ruben D. Manahan IV

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