Photo by Benjie Cuaresma

Once more, oil corporations are poised to elevate their fuel rates, a scenario slated to unfold on Tuesday, August 22, 2023.

According to individual notifications released by Pilipinas Shell Petroleum, Chevron Philippines Inc., and Seaoil Philippines Corp., a price surge is imminent.

Gasoline will experience an uptick of P1.10 per liter, diesel will climb by P0.20 per liter, and kerosene will see an increase of P0.70 per liter.

Echoing this adjustment, Cleanfuel is set to follow suit, implementing analogous price shifts across their offerings, with the exception of kerosene, a product not included in their inventory.

As these changes ripple through the market, consumers are advised to be mindful of the forthcoming adjustments in their fuel expenses. (ai/mnm)