Pump prices of petroleum products to be hiked for 6th consecutive week Tuesday

Motorists will have to pay more for petroleum products this week, with the sixth consecutive week of price hikes scheduled on Tuesday.

In separate advisories, Flying V, Pilipinas Shell Petroleum Corp., and SEAOIL Philippines Inc. said they will hike prices per liter of gasoline by P0.50, diesel by P0.15, and kerosene by P0.20.

Petro Gazz, PTT Philippines Corp., and TOTAL Philippines Inc. will implement the same changes, excluding kerosene.

The changes will take effect 6 a.m. on Tuesday, September 18, 2018.

Other firms have yet to announce any adjustments for the week.

Just last week, firms implemented a P0.65 hike in gasoline, diesel, and kerosene prices.

According to the latest data available from the Department of Energy (DOE), prices per liter of gasoline in the country currently range from P51.65 to P64.45, diesel from p42.26 to P53.20, and kerosene from P48.32 to P58.50. — RSJ, GMA News