Oil prices set to skyrocket as GCQ continues

The continuous price hike is seemingly in no stance of slowing down yet. 

This, as oil firms are going to increase prices of its products by the pump by tomorrow (Tuesday, June 23).

In their respective advisories, Cleanfuel and Pilipinas announced that they are set implement price hike on gasoline by P1.05 per liter and P0.85 per liter on diesel.

For kerosene, Shell will be increasing by P0.30 per liter. 

Other oil companies are expected to make similar adjustments. 

Last June 16, fuel prices by the pump went up by P1.25 on gasoline, P1.10 on diesel and P0.75 on kerosene. 

On June 8, oil companies raised the prices of gasoline by P1.75 per liter, diesel by P1.10 per liter and kerosene by P1 per liter and on June 1, oil firms have jacked up prices of diesel by P.25 per liter and kerosene by P.80 per liter but decreased the price of gasoline by P. 20 per liter. 

Photos from Cleanfuel and Pilipinas Shell

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