Gasoline, diesel prices up on Tuesday

PRICE HIKE. A gas station attendant fills up a motorcycle fuel tank in Paco, Manila, on Monday (July 29, 2024). Oil companies will implement oil price increases in gasoline and diesel, while kerosene prices will remain unchanged effective Tuesday, Sept. 24, 2024. (Photo courtesy of Yancy Lim/PNA)

By Anna Leah Gonzales | Philippine News Agency

After three consecutive weeks of price rollbacks, oil companies will implement an increase in pump prices starting Tuesday.

In separate advisories on Monday, Seaoil, Petro Gazz, Cleanfuel, Shell, Jetti, and PTT Philippines said they will increase gasoline prices by P1.10 per liter.

They will also implement a P0.20 per liter increase on diesel prices.

There will be no price adjustments for kerosene.

Last week, oil companies implemented a decrease of P1.00 per liter for gasoline, P1.30 per liter for diesel, and P1.65 per liter for kerosene.

The Department of Energy (DOE) said this brought the year-to-date total adjustment of gasoline and diesel at a net increase of P4.85 per liter and P1.75 per liter.

The DOE, meanwhile, said that kerosene has a total net decrease of P6.35 per liter.

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