Motorists experience first oil price hike of 2023
MANILA: Today, January 3, motorists will experience the first oil price increase of 2023.
KEY TAKEAWAYS
How much is the first gas price increase of 2023?
Gasoline prices increase by P2.90 per liter and diesel prices by P2.10 per liter starting at six in the morning. on Jan. 3.Petron, Seaoil, Petro Gazz, PTT Philippines, Flying V, Cleanfuel, Caltex, Phoenix Petroleum Philippines, and Unioil have all issued advisories that gasoline prices will increase by P2.90 per liter and diesel prices by P2.10 per liter starting at six in the morning. on Jan. 3.
Caltex, Flying V, Seaoil, and Petron also implemented a P3.05 per liter increase in kerosene prices.
A fuel price increase was previously expected to arrive this 2023. The Department of Energy recalled that the net year-to-date price increase in 2022 was recorded at P14.90 per liter for gasoline, P27.30 per liter for diesel, and P21.30 per liter for kerosene.
Photo from Chevron Philippines Inc.,
Also read: Shell PH treats motorists with Magnum ice cream until Jan. 15, 2023
Dylan Afuang
Growing up in the 2000s, Dylan browsed through car magazines before reading proper books, and watched motoring TV shows as often as he did cartoons. So, talking about cars came natural to him. His dream car is the Honda S2000.
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