Fuel prices up today
Credit to Author: Richmond Mercurio| Date: Tue, 16 May 2023 00:00:00 +0800
MANILA, Philippines — A series of rollbacks comes to an end today as oil companies jack up pump prices.
In separate advisories yesterday, oil firms said they would raise gasoline prices by P0.35 per liter, diesel by P1.40 per liter and kerosene by P1.20 per liter.
The adjustments take effect at 6 a.m. Tuesday for most companies, except for Caltex which implemented the adjustments at 12:01 a.m. and Cleanfuel’s at 4:01 p.m.
This week’s upward price adjustments reflect the movement in the international oil market.
These end the four consecutive weeks of reductions in diesel prices as well as the three straight weeks of rollbacks for gasoline and kerosene.