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

Motorists will have to pay more for petroleum products this week, as firms announced another round of price hikes to mark the third straight week of increases.

In separate advisories, Chevron Philippines Inc. (Caltex), Flying V, Petron Corp., Pilipinas Shell Petroleum Corp., and Seaoil Philippines Inc. said they will hike prices per liter of gasoline by P0.40, diesel by P0.35, and kerosene by P0.15.

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

Cleanfuel, meanwhile, will hike both diesel and gasoline prices per liter by P0.30.

The changes will take effect at 6 a.m. on Tuesday, September 14, for all the firms except for Cleanfuel, which will implement the changes at 4:01 p.m. on the same day.

Latest data available from the Department of Energy (DOE) show that year-to-date adjustments stand at a net increase of P13.35 per liter for gasoline, P10.90 per liter for diesel, and P8.70 per liter for kerosene as of September 7, 2021. —Jon Viktor Cabuenas/KBK/BM, GMA New