PH oil players to raise diesel, kerosene pump prices
Fuel companies in the Philippines are set to raise the prices of diesel and kerosene at the pump tomorrow (July 11).
KEY TAKEAWAYS
How much are the fuel price adjustments for July 11, 2023?
Pump prices for diesel and kerosene shall climb by P0.75 per liter and P0.50 per liter, respectively while gasoline products will have a P0.20 per liter hike.What time will the adjustments take place?
The adjustments on pump prices will be implemented as early as 12:01 a.m. tomorrow.Based on their respective advisories, Caltex, Cleanfuel, Seaoil, Petron and Unioil are set to jack up the price of diesel by P0.75 per liter but will slash P0.20 per liter on gasoline products.
Meanwhile, Caltex and Seaoil will also add P0.50 per liter on the retail price of kerosene.
The adjustments — which firms are expected to follow suit — shall begin as early as 12:01 a.m.
It can be recalled that local fuel companies opened the second half of 2023 by reducing P0.70 per liter each gasoline and diesel as well as P0.85 per liter on kerosene.
Photos from Ruben Manahan IV
Also read:
Local oil firms to jack up pump prices this week
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