By Junex Doronio
MANILA — The Lenten season has not yet even started but consumers now have to brace themselves with their early “penitencia” (sacrifice ) as the prices of cooking gas are increasing again this March.
On Friday (01 March 2024), Petron announced the price of liquefied petroleum gas (LPG) would rise by P0.30/kg.
On the other hand, Solane also said it would increase LPG prices by P0.27/kg from Saturday (2 March 2024) starting at 6 a.m.
Meanwhile, the Department of Energy (DOE) on Friday said gasoline prices are also set to increase.
However, diesel and kerosene prices will go down next week based on four (4) days of mixed movement on the Mean of Platts Singapore (MOPS).
The DOE explained that the MOPS is the daily average of all trading transactions of diesel and gasoline as assessed and summarized by Standard and Poor’s Platts, a Singapore-based market wire service.
Rodela Romero, Director III of the Oil Industry Management Bureau, disclosed that gasoline prices could go up by P0.20-P0.45 per liter while diesel prices will go down P0.30-P0.60 per liter next week.
She added that kerosene prices will also go down P0.30-P0.50 per liter.
(el Amigo/MNM)
