Oil firms to adjust prices starting January 7

Robie de Guzman   •   January 6, 2020   •   449

MANILA, Philippines — Local prices of petroleum products will be adjusted anew this week.

In separate advisories, Pilipinas Shell Corp. and SEAOIL Philippines Inc. said they will reduce the price of gasoline by P0.10 liter while hiking the prices of diesel by P0.40 and kerosene by P0.30 a liter.

Petro Gazz, Cleanfuel, and Phoenix Petroleum Inc. also announced the implementation of the same charges except for kerosene which they do not carry.

The adjustment in pump prices will take effect on Tuesday, January 7.

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Oil price hike set for Sept. 22

Robie de Guzman   •   September 21, 2020

MANILA, Philippines – Local prices of petroleum products will increase anew this week.

In separate advisories, Seaoil Philippines and Pilipinas Shell Petroleum Corp announced the prices of their gasoline per liter will go up P0.60 a liter, kerosene by P0.55 and diesel by P0.20.

Cleanfuel and PetroGazz also announced the same amount of price adjustment except for kerosene which they do not carry.

The price hike will take effect on Tuesday, Sept. 22.

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

The price hike comes after oil firms implemented rollback last week.

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Oil prices to go up Tuesday

Robie de Guzman   •   July 27, 2020

MANILA, Philippines – Prices of petroleum products will go up this week according to the announcement of oil companies.

In separate advisories, Pilipinas Shell Petroleum Corp. and Chevron Philippines Inc. (CALTEX) said they will hike prices of per liter of gasoline by P0.30, diesel by P0.25, and kerosene by P0.30.

Cleanfuel, PTT Philippines, and Petro Gazz also announced the implementation of the same adjustments except for kerosene which they do not carry.

The price hike will take effect on Tuesday, July 28.

Other oil firms have yet to make announcements for the price increase.

The increase in oil prices follows the rollback implemented for gasoline last week.

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Oil price hike set this week

Marje Pelayo   •   July 13, 2020

MANILA, Philippines — After last week’s rollback, oil companies are set for another oil price  increase this week. 

The estimated price increase, according to industry players, may be from:

P0.55 to P0.65 per liter for gasoline; P0.30 to P0.40 per liter for diesel;P0.30 to P0.40 per liter for kerosene.

The price increase is due to growing demand in the global market as industries affected by the COVID-19 pandemic gradually reopen.

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