OIL companies are set to implement price hikes anew tomorrow, Tuesday, September 19, 2023.
Shell, Seaoil, CleanFuel, and Caltex have announced an increase of P2 per liter for gasoline and P2.50 per liter for diesel. Additionally, the cost of kerosene will also rise by P2.50 per liter.
Just last week, these oil companies raised gasoline prices by P0.20 per liter, diesel by P0.40 per liter, and kerosene by P0.20 per liter.
As a result, the year-to-date cumulative increase stands at P15.50 per liter for gasoline, P11.10 per liter for diesel, and P7.94 per liter for kerosene.
The new price adjustment is for the 11th straight week now. (ai/mnm)