Gasoline, diesel, kerosene prices up by more than P1/liter Tuesday

Motorists will be greeted by heftier pump prices of gasoline, diesel, and kerosene this week, all set to be increased by P1 starting Tuesday.

In separate advisories, Pilipinas Shell Petroleum Corp. said they will hike prices per liter of gasoline by P1.05, diesel by P1.55, and kerosene by P1.30

Petro Gazz, and Phoenix Petroleum Philippines Inc. will implement the same changes, excluding kerosene which they do not carry.

The adjustments will take effect 6 a.m. on Tuesday, November 17, 2020 for all firms except for Cleanfuel which will hike gasoline by P1.05 and diesel by P1.50 4:01 p.m. the same day.

Latest data available from the Department of Energy (DOE) shows that total year-to-date adjustments stand at a net decrease of P5.47 per liter for gasoline, P11.11 per liter for diesel, and P14.29 per liter for kerosene as of November 3, 2020. — RSJ, GMA News