Kerosene to continue price hike this week
Fuel companies in the Philippines are set to increase the pump pricing of gasoline products and kerosene this week.
KEY TAKEAWAYS
How much are the fuel price adjustments for December 5, 2023?
Local oil players shall raise the pump pricing of gasoline by P0.30 per liter and kerosene by P0.20 per liter. Meanwhile, they will cut down diesel's retail price by P0.30 per liter.What time will the adjustments take effect?
The adjustment on pump prices is expected to be implemented as early as 12:01 a.m. tomorrow (December 5, 2023).As shared in their corresponding advisories, Caltex, Cleanfuel, Petron, PTT Philippines, Seaoil, and Unioil shall jack up the pricing of gasoline at the pump by P0.30 per liter but will trim down the price of diesel by the same amount.
Further, the retail price of kerosene for Caltex, Petron, and Seaoil will reflect a P0.20-per-liter-rise.
The adjustments will be implemented as early as 12:01 a.m. tomorrow. Other local fuel companies are expected to follow suit.
Photos from Ruben Manahan IV
Also read:
Diesel, kerosene to go up this week
Fuel prices to slide down this week
Oil firms to cut down pump prices this week to mark start of Nov.
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