Another oil price hike set for Tuesday

Robie de Guzman   •   June 22, 2020   •   170

MANILA, Philippines – Local pump prices of petroleum products are set to go up anew this week.

In separate advisories, Pilipinas Shell Petroleum Corporation, Flying V and Total said they will increase the prices of gasoline by P1.05 per liter, diesel by P0.85, and kerosene by P0.30 a liter.

Cleanfuel and Petro Gazz also announced they will implement the same price changes, excluding kerosene which they do not carry.

The oil firms said this price changes will take effect on Tuesday, June 23.

Other oil companies have yet to announce any price movement for the week.

This is the seventh consecutive week that prices of diesel and kerosene will go up, while the cost of gasoline will be increased for the third straight week.

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Oil prices hike again amid pandemic

Marje Pelayo   •   June 30, 2020

MANILA, Philippines — Heftier pump prices of fuel products greeted motorists Tuesday(June 30), as prices of gasoline, diesel and kerosene marked another price hike that took effect at 6:00 a.m. today.

In separate advisories, Chevron Philippines Inc., Flying V, Pilipinas Shell Petroleum Corp., and Seaoil Philippines Inc. said they will increase the price of gasoline by P0.70 per liter; diesel by P0.30/L, and kerosene by P0.40/L.

Meanwhile, Cleanfuel, Petro Gazz, Phoenix Petroleum Philippines Inc., PTT Philippines Corp., and Total Philippines Corp. also implemented the same adjustments, except for kerosene which they do not carry.

Other firms are expected to make their announcements anytime within the week.

The price hike was prompted by the movement of fuel prices in the international oil market.

Gasoline, diesel prices to go up this week

Robie de Guzman   •   June 8, 2020

MANILA, Philippines – Local pump prices of petroleum products are expected to increase this week.

In an advisory, Pilipinas Shell Petroleum Corporation said it will hike the price of its gasoline by P1.75 a liter, kerosene by P1.00, and diesel by P1.10 per liter.

Petro Gazz also announced it will implement the same price adjustment, except for kerosene which it does not carry.

The oil firms said this price changes will take effect on Tuesday, June 9.

Other oil companies have yet to announce any price movement for the week.

Hefty oil price hike set this week

Robie de Guzman   •   May 11, 2020

MANILA, Philippines – Local pump prices are expected to go up on Tuesday after weeks of steady decline brought about by measures imposed to contain the spread of novel coronavirus disease.

In separate advisories, Shell Philippines, Flying V, Unioil Petroleum Philippines, and SEAOIL said they will hike the price of gasoline by P2.00 per liter, and P1.90 for gasoline.

The price of kerosene will also increase by P1.25 per liter.

Other oil companies have yet to announce price hikes.

The increase in local pump prices, which will take effect on Tuesday, May 12, reflects the movement of prices in the world market.

This follows the move of the Organization of the Petroleum Exporting Countries (OPEC) and its allies cut their output until next month.

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