Oil firms to hike pump prices October 29

Photo courtesy of Yancy Lim/PNA.

By Anna Leah Gonzales | Philippine News Agency

Oil firms will increase pump prices starting Tuesday.

In separate advisories on Monday, Seaoil, Caltex, and Shell will raise diesel and kerosene prices by P0.50 per liter.

They will also increase gasoline prices by P0.20 per liter.

Petro Gazz and Cleanfuel will also raise diesel prices by P0.50 per liter and gasoline by P0.20 per liter.

Last week, oil firms slashed gasoline prices by 50 centavos per liter, diesel by 70 centavos per liter, and kerosene by 85 centavos per liter.

Latest data from the Department of Energy showed that as of Oct. 15 this year, oil companies implemented an increase of P2.60 to P2.65 per liter for gasoline, P2.70 per liter for diesel, and P2.60 per liter for kerosene.

Year-to-date, total adjustment of gasoline and diesel stands at a net increase of P9.05 per liter and P6.75 per liter, respectively.

On the other hand, kerosene has a total net decrease of P2.75 per liter.

Popular

DOH eyeing to include PhilHealth direct contributors under zero balance billing

By Brian Campued The Department of Health (DOH) is studying the possible expansion of the zero balance billing (ZBB) policy to cover pay wards or...

Palace: PBBM admin remains firm on stance against corruption

By Dean Aubrey Caratiquet Malacañang reaffirmed the administration’s sincere intentions as it makes strides in stemming various forms of corruption at the grassroots level. This, in...

DSWD: Mindanao disaster resource hub construction to begin soon

By Joyce Ann L. Rocamora | Philippine News Agency The construction of the first Mindanao disaster resource hub will soon begin, the Department of Social...

D.A., DOT to lead PH participation in Green Expo 2027 in Japan

By Brian Campued The Department of Agriculture (DA) and Department of Tourism (DOT) were tapped to lead the Philippines’ preparations and participation at the Green...