Oil firms to add P0.10/L on PH pump prices tomorrow
Adjustments to be implemented as early as 12:01 a.m.
MANILA: Fuel companies in the Philippines shall offset last week’s retail price on gasoline as they are set to raise the product’s pricing at the pump tomorrow.
KEY TAKEAWAYS
How much will be oil price adjustment for January 9, 2024?
Gasoline, diesel, and kerosene products will all have a P0.10 per liter price hike.When will the price adjustments take effect?
The said adjustments will take effect as early as 12:01 a.m. of January 9, 2024.Based on their respective advisories, Caltex, Cleanfuel, Jetti, Petron, Seaoil, and Unioil will add P0.10 per liter on gasoline products at the pump. The same movement will also be seen on the diesel’s retail price.
In addition, Caltex, Petron, and Seaoil will also have a similar P0.10-per-liter increase.
The second adjustment for the year, some of the oil firms noted, will be implemented as early as 12:01 a.m.
Last week, pump prices went down by P0.10 per liter on gasoline, P0.35 per liter on diesel, and P1.40 per liter on kerosene.
Photos from Ruben Manahan IV
Also read:
Gas, kerosene pump prices to increase by at least P0.20/L this week
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