Gasoline, diesel prices up Tuesday

Gasoline prices will be hiked for the second consecutive week starting Tuesday, along with the increase in pump prices of diesel.

In separate advisories, Chevron Philippines Inc. (Caltex), Cleanfuel, Flying V, Petro Gazz, Petron Corp., Phoenix Petroleum Philippines Inc., Pilipinas Shell Petroleum Corp., PTT Philippines Corp. and SEAOIL Philippines Inc. said they will increase prices per liter of gasoline by P0.60, and diesel by P0.10.

Meanwhile, there will be no changes in kerosene prices.

The adjustments will take effect at 6:00 a.m. on Tuesday, August 18 for all the firms except for Cleanfuel which will implement the changes at 4:01 p.m. the same day and Chevron at 12:01 a.m. the same day.

Other firms have yet to make similar announcements for the week.

According to the latest data available from the Department of Energy, year-to-date adjustments stand at a net decrease of P5.02 per liter for gasoline, P8.59 per liter for diesel, and P12.69 per liter for kerosene as of August 04, 2020. —KG, GMA News