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Gasoline prices up for 4th straight week Tuesday; diesel for 9th; kerosene for 3rd

Pump prices of petroleum products will be hiked anew this week, marking the fourth straight week of increases for gasoline, ninth for diesel, and third for kerosene.

In separate advisories, Chevron Philippines Inc. (Caltex), Flying V, Petron Corp., Pilipinas Shell Petroleum Corp., and Seaoil Philippines Inc. said it they will hike prices per liter of gasoline by P0.50, diesel by P0.40, and kerosene by P0.30.

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

The changes will take effect 6 a.m. on Tuesday, June 15, for all the firms except for Cleanfuel which will implement the adjustments 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.

Latest data available from the Department of Energy show that year-to-date adjustments stand at a total net increase of P9.30 per liter for gasoline, P7.60 per liter for diesel, and P6.10 per liter for kerosene as of June 1, 2021. —RSJ/NB, GMA News




 — Jon Viktor D. Cabuenas/RSJ, GMA News