Oil firms to conduct mix price adjustments this week
Diesel, kerosene to rise, gasoline slides
MANILA: Fuel companies in the Philippines are set to implement mixed price adjustments on their products at the pump this week.
KEY TAKEAWAYS
What are the price adjustments this week?
This week, oil firms will add P0.70 per liter on diesel and P.50 per liter on kerosene but are set to trim down P0.10 per liter on gasoline products.When will the adjustments take effect?
The adjustments will take effect starting November 5, 2024.Based on their respective advisories, Cleanfuel, Caltex, Jetti, Petron, Seaoil, and Unioil shall jack up the price of diesel by P0.70 per liter but slash P0.10 per liter on gasoline products.
Meanwhile, those that retail kerosene among the said brands will implement a P0.50-per-liter hike.
The adjustments on the prices at the pump will take effect tomorrow (November 4).
Last week, companies jacked up the prices on gasoline by P0.45 per liter, diesel by P0.90 per liter, and kerosene by P0.30 per liter.
Also read:
PH oil firms to halt 3-week price-hike streak
Oil firm to implement major price hike this week
Diesel, kerosene pump price hikes continue
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