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Fuel prices to go up anew this week

Increases to go as high as P2.10/L

fuel pump

Local oil players shall continue to jack up their retail prices this week.

KEY TAKEAWAYS

  • What are the price adjustments this week?

    This week, oil firms will add P1.50 per liter on gasoline, P2.10 per liter on diesel, and P1.20 per liter for kerosene.

  • When will the adjustments take effect?

    The adjustments will take effect starting November 12, 2024.

    • Based on their advisories, Cleanfuel, Caltex, Jetti, Petron, Seaoil, and Unioil shall add P1.50 per liter on gasoline products and P2.10 per liter for diesel.

    Aside from that, companies that sell kerosene at the pump shall implement a P1.20-per-liter increase on the aforementioned product.

    Fuel station Photo from Ruben Manahan IV

    The movements in pricing will be implemented starting November 12.

    Last week, the price of diesel already rose by P0.70 per liter and kerosene by P0.50 per liter. On the other hand, the retail price of gasoline went down by P0.10 per liter.

    Also read:

    Pre-All-Saints' Day fuel price hike set this week

    Fuel companies stop 3-week retail price increase

    Fuel prices to reflect major bump this week

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