Monday, February 1, 2021

Gas, diesel prices up by P1/liter

By Jordeene B. Lagare January 19, 2021
https://www.manilatimes.net/2021/01/19/news/national/gas-diesel-prices-up-by-p1-liter/829508/

OIL companies imposed a hefty price hike today, Tuesday, raising the cost of gasoline climbed by P1 per liter, diesel by P1.05 per liter and kerosene by 95 centavos per liter.

It is the first time that industry players raised gasoline prices by a peso per liter this year.

Cleanfuel, Chevron Philippines, Metro Oil, Petro Gazz, Pilipinas Shell, PTT Philippines, Seaoil, Total and Unioil announced their fuel price adjustments on Monday.

Last week, oil firms jacked up the price of gasoline by 85 centavos per liter, diesel by 30 centavos per liter and kerosene by 25 centavos per liter.

Year-to-date adjustments stand at a net increase of P1.30 per liter for gasoline, 60 centavos per liter for diesel and 65 centavos per liter for kerosene, based on the Department of Energy’s weekly monitoring.

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