Diesel, kerosene prices up for 3rd straight week Tuesday; gasoline unchanged

Pump prices of diesel and kerosene will be hiked for the third straight week on Tuesday, while those of gasoline will be kept unchanged following last week's big-time increase.

In separate advisories, Chevron Philippines Inc. (Caltex), Petron Corp., Pilipinas Shell Petroleum Corp. and Seaoil Philippines Inc. said they will hike prices per liter of diesel by P0.50 and kerosene by P0.30. There will be no changes for gasoline.

Cleanfuel, Petro Gazz, PTT Philippines Corp., and Unioil Petroleum Philippines Inc. will implement the same changes, excluding kerosene whichthey do not carry.

The changes will take effect at 6 a.m. on Tuesday, November 24 except for Cleanfuel which will implement the changes 4:01 p.m. and Caltex at 12:01 a.m. the same day. Other firms have yet to make similar announcements for the week.

This follows last week's price adjustments — more than P1-per-liter increase for pump prices of gasoline, diesel, and kerosene.

Latest data available from the Department of Energy shows that year-to-date adjustments stand at a net decrease of P4.62 per liter for gasoline, P9.36 per liter for diesel, and P12.59 per liter for kerosene. — RSJ/LDF, GMA News