PH oil firms to raise pump prices this week
After closing February with a rollback, fuel companies in the country shall jack up the prices of their products at the pump this week.
KEY TAKEAWAYS
What companies announced the price adjustment for March 7, 2023?
Fuel companies namely Caltex, Cleanfuel, Petron, Seaoil, Total, and Unioil announced that they will implement the price adjustments for tomorrow.How much are the fuel price adjustments for March 7, 2023?
Based on their respective advisories, oil companies are set to add P1.50 per liter on diesel, P0.40 per liter on gasoline products, and P1.25 per liter on kerosene.Based on their respective advisories today (Monday), Caltex, Cleanfuel, Petron, Seaoil, Total, and Unioil are set to add P1.50 per liter on diesel and P0.40 per liter on gasoline products.
Aside from that, many of the aforementioned firms shall implement a P1.25-per-liter increase on the retail price of kerosene.
Other oil firms are expected to show similar price movements.
The adjustment on prices will begin at 12:01 a.m. of March 7, 2023.
Last week, local oil players slashed P0.70 per liter on gasoline, P1.30 per liter on diesel, and P1.80 per liter on kerosene.
Photos from Ruben Manahan IV
Also read:
Gas, diesel prices to go up this week
Oil firms to cut down at least P2/L on diesel, kerosene on Valentine's Day
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