PH oil firms jack up pump prices after long weekend

fuel pump

MANILA: Oil companies have started implementing price hikes for their products at the pump this week.

KEY TAKEAWAYS

  • How much are the adjustments on local oil prices this week?

    The company raised the price of gasoline products by P0.70 per liter, diesel by P0.50 per liter, and kerosene by P0.30 per liter. 
  • When did the movements in the pricing take place?

    The price movements were effective as of today (August 26).
  • Based on the respective advisories yesterday, Caltex, Cleanfuel, Petron, and Seaoil announced that they are set to implement the following adjustments:

    Product

    Adjustment

    Gasoline

    P0.60 per liter (increase)

    Diesel

    P0.80 per liter (decrease)

    Kerosene

    P0.90 per liter (decrease)

    The adjustments started as early as 12:01 a.m. today.

    Other stories:

    It can be recalled that last week, the country’s players in the fuel industry have conducted the following movements in their offerings’ prices:

    Product

    Adjustment

    Gasoline

    P0.60 per liter (increase)

    Diesel

    P0.80 per liter (decrease)

    Kerosene

    P0.90 per liter (decrease)

    Also read:

    Like and follow us on our social media pages:

    Motorists welcome 2nd week of August with fuel price rollbacks

    Fuel prices to skyrocket anew

    Gasoline price to move down; diesel, kerosene continue hike 

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