Gasoline pump prices to skyrocket by P1.30/L tomorrow
Biggest price hike so far for 2024
MANILA: Gasoline prices in the Philippines are set to jump by more than P1 per liter this week.
KEY TAKEAWAYS
How much will be oil price adjustment for January 23, 2024?
Gasoline prices will go up by P1.30 per liter while diesel will have a P0.95 per liter.When will the price adjustments take effect?
The said adjustments shall become effective as early as 12:01 a.m. of January 23, 2024.Based on their respective advisories, Caltex, Cleanfuel, Flying V, Jetti Petroleum, Petron, Seaoil, and Unioil shall add P1.30 per liter on the retail price of gasoline products tomorrow. Aside from that, they will also raise the price of diesel by P0.95 per liter.
Meanwhile, Caltex, Petron, and Seaoil shall retain the pump price of kerosene.
Other local oil players are expected to have the same adjustment, which will commence as early as 12:01 a.m.
Last week, prices of diesel and kerosene in the country already went up by P0.90 per liter, while gasoline, by P0.30 per liter.
Photos from Ruben Manahan IV
Also read:
Oil firms to add P0.10/L on PH pump prices tomorrow
Pump prices slide down to mark first adjustment for 2024
Gas, kerosene pump prices to increase by at least P0.20/L this week
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