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Saturday, May 25, 2024

Gasoline up P1.60/l, diesel P1.10/l today

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Domestic pump prices will go up by much as P1.60 per liter effective 6 a.m. Tuesday to reflect the movement of prices in the world oil market.

Local oil firms said gasoline will go up by P1.60 per liter, diesel by P1.10 per liter, and kerosene by P1.05 per liter.

Seaoil Philippines, Chevron Philippines, Jetti Petroleum and PTT Philippines issued separate advisories of their latest price hikes, which wiped out the rollback last week of P0.60 and P0.10 per liter for gasoline and diesel, respectively. On Feb. 13, oil companies dropped the price of gasoline, diesel, and kerosene by P0.60, P0.10 and P0.40, respectively.

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