MANILA, Philippines – Oil companies announced a belt-tightening price hike on liquefied petroleum gas (LPG) on Monday (October 1).
Petron Gasul imposed a P2.35 per kilogram or P26 pesos increase on each 11-kilogram cylinder of LPG.
The company also announced a P1.30 per liter price increase on auto-LPG.
Meanwhile, Solane gas on Monday also added P2.11 in each kilogram of LPG or P23.21 for each 11-kilogram tank.
The Eastern Petroleum added P2.30 for each kilogram of EC Gas or equivalent to P25.30 for each 11-kilogram cylinder of LPG.
Industry players say prices of other petroleum products are also expected to increase this week with prices of gasoline likely to shoot up by P1.30 to P1.40 per liter and around P0.90 to P1.10 per liter on diesel. – UNTV News and Rescue
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