PH oil firms to raise pump prices on all products
Oil companies are set to increase the prices of products at the pump this week.
KEY TAKEAWAYS
How much are the fuel price adjustments for October 24, 2023?
Local oil players are set to raise the retail prices of diesel by P1.30 per liter, gasoline by P0.95 per liter, and kerosene by P1.25 per liter.What time 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 advisories today (October 23), Caltex, Cleanfuel, Seaoil, and Unioil will raise the retail price of diesel by P1.30 per liter and gasoline by P0.95 per liter.
Additionally, companies shall also jack up the price of kerosene by P1.25 per liter.
The adjustments will take effect as early as 12:01 a.m. tomorrow (October 24). Other players are expected to implement the same adjustments.
Last week, local fuel players implemented a pump price hike on gasoline products by P0.55 per liter but rolled back the prices of diesel and kerosene by 0.95 per liter each.
Photos from Ruben Manahan IV
Also read:
‘Major’ price rollbacks set this week
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