Price Hike On Gasoline, Diesel, And Kerosene Are Coming

Price Hike On Gasoline, Diesel, And Kerosene Are Coming

Following last week’s pump price rollback, firms have announced earlier on Monday price hikes on petroleum products. 

Chevron Philippines Inc. (Caltex) has already implemented its price hike earlier today, December 3 at 12:01 am.  The price hike are as follows:

  • ₱0.30 per liter of gasoline
  • ₱0.65 per liter of diesel
  • ₱0.50 per liter of kerosene

Meanwhile, PTT Philippines Corp and TOTAL Philippines Corp have also hiked their petroleum prices earlier at 6 am, but with the exclusion of kerosene. 

Cleanfuel, on the other hand, will implement the same changes 12:01 a.m. on Tuesday, December 4, with the exception of kerosene too.

Petro Gazz and Pilipinas Shell Petroleum Corp. have implemented the same petroleum price hike over the weekend. The rest of the firms not mentioned have yet to make any announcements.

The year-to-date petroleum price adjustments have already increased by ₱5.89 per liter for gasoline, ₱3.52 for diesel, and ₱0.75 for kerosene according to the latest data of the Department of Energy (November 12, 2019).

[Source]

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