Gas, kerosene pump prices to increase by at least P0.20/L this week
MANILA: Oil players in the Philippines shall jack up the prices of gasoline products as well as kerosene at the pump this week.
KEY TAKEAWAYS
How much are the fuel price adjustments for December 5, 2023?
Local oil players shall raise the pump pricing of gasoline by P0.30 per liter and kerosene by P0.20 per liter. Meanwhile, they will cut down diesel's retail price by P0.30 per liter.What time will the adjustments take effect?
The adjustment on pump prices is expected to be implemented as early as 12:01 a.m. tomorrow (December 5, 2023).Based on their respective advisories, Caltex, Cleanfuel, Petron, PTT Philippines, Seaoil, and Unioil are set to raise the price of gasoline by P0.30 per liter while diesel will go down by the same amount.
Meanwhile, Caltex, Petron, and Seaoil will add P0.20 per liter to kerosene’s current retail price.
The adjustments, which other local fuel companies are expected to follow suit, will be implemented as early as 12:01 a.m. tomorrow.
Photos from Ruben Manahan IV
Also read:
Diesel, kerosene pump prices to spike up this week
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