Oil companies implement another round of fuel price hikes tomorrow
To start the first week of May, oil firms are set to jack up the prices of their products as the country is still under modified enhanced community quarantine (MECQ) until May 14.
Based on its announcement Monday, Petron, Pilipinas Shell and Caltex will implement an ₱0.35 hike in the price of diesel, and ₱0.20 per liter of gasoline and ₱0.35 per liter of kerosene.
Meanwhile, independent oil player Cleanfuel will only be raising the price of diesel by ₱0.35 per liter, keeping gas prices unchanged this week.
Last April 27, fuel companies implemented a price hike on their products at the pump, increasing the price of gasoline by ₱0.45 per liter, diesel by ₱0.35 per liter and kerosene by ₱0.65 per liter.
Photos from Ruben D. Manahan IV
Also read:
Local Oil Chief says Global Oil Price Collapse Good for Import-Dependent PH
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