Gasoline, diesel, kerosene prices up for second straight week

Pump prices of petroleum products will be hiked anew this week, marking the second consecutive 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 P0.50, diesel by P0.95, and kerosene by P0.60.

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

The changes will take effect at 6 a.m. on Tuesday, September 7, for all the firms except for Caltex which will implement the adjustments at 12:01 a.m., and Cleanfuel at 04:01 p.m. the same day.

Other firms have yet to make similar announcements for the week.

Latest data available from the Department of Energy (DOE) show that year-to-date adjustments stand at a total net increase of P12.85 per liter for gasoline, P9.95 per liter for diesel, and P8.10 per liter for kerosene as of August 31, 2021. — Jon Viktor D. Cabuenas/RSJ, GMA News


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