Gasoline, diesel, kerosene prices up for second straight week Tuesday

Motorists will have to pay more for petroleum products this week, as oil firms will hike pump prices for the second consecutive week.

In separate advisories, Chevron Philippines Inc. (Caltex), Flying V, Petron Corp., Pilipinas Shell Petroleum Corp., and Seaoil Philippines Inc. said they will increase prices per liter of gasoline by P0.45, diesel by P0.35, and kerosene by P0.65.

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

The changes will take effect at 6 a.m. on Tuesday, April 27, for all the firms except for Caltex which will adjust prices at 12:01 a.m. and Cleanfuel at 4:01 p.m. the same day.

Other firms have yet to make similar adjustments.

Latest data available from the Department of Energy (DOE) showed that year-to-date adjustments stand at a total net increase of P7.15 per liter for gasoline, P5.35 per liter for diesel, and P4.30 per liter for kerosene as of April 20, 2021.—AOL, GMA News