Gasoline pump prices to go up this week
After conducting a big-time rollback on pump prices last week, oil firms are set to raise the retail price of gasoline this week.
KEY TAKEAWAYS
How much are the fuel price adjustments for October 17, 2023?
Local oil players are set to raise the price of gasoline by P0.55 per liter and shall trim down the price of diesel and kerosene by P0.95 per liter each.When will the adjustments take place?
The adjustments on pump prices on some oil players are set to be implemented as early as 12:01 a.m. tomorrow.Based on their respective announcements Monday, Caltex, Cleanfuel, Petron, Seaoil and Unioil shall implement an increase of P0.55 per liter on gasoline products.
Meanwhile, diesel and kerosene prices at the pump will both have a rollback of P0.95 per liter.
The adjustments that will be displayed at price boards are set to become effective as early as 12:01 a.m. tomorrow (October 17) on some companies. Other local players are expected to follow suit.
Last week, local fuel players slashed P3.05 per liter on gasoline products, P2.45 per liter on diesel, and P3 per liter on kerosene.
Photos from Ruben Manahan IV
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