Another big-time fuel price hike set Tuesday; diesel up by P4/liter

  • 📰 gmanews
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 68%

Philippines Headlines News

Philippines Latest News,Philippines Headlines

Motorists will have to tighten their belts again as fuel prices are set to be adjusted upwards anew on Tuesday, marking the fourth straight week of hikes for gasoline, and the fifth for both diesel and kerosene.

In an advisory, Pilipinas Shell Petroleum Corp. said it will increase prices per liter of gasoline by P0.50, diesel by P4.00, and kerosene by P2.75.The changes will take effect at 6 a.m. on Tuesday, August 8, 2023, for all the firms, except for Cleanfuel, which will adjust prices at 4:01 p.m.

the same day.The Department of Energy’s Oil Industry Management Bureau last weekThis comes after firms last week alreadyLatest data available from the DOE indicate a net increase of P11.00 per liter for gasoline and P3.10 per liter for diesel, and a net decrease of P0.10 per liter for kerosene as of August 1, 2023.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Transport groups ask for release of fuel subsidy amid weekly oil price hikesSeveral transport groups on Sunday appealed for the immediate release of the fuel subsidy for public utility vehicle (PUV) drivers and operators to mitigate the impact of the consecutive big-time oil price hikes.
Source: gmanews - 🏆 11. / 68 Read more »

On diesel price hike possibly reaching P4.10/liter, DOE exec says it's possibleThe price hike on diesel may possibly reach more than P4.00 per liter this week, an official of the Department of Energy (DOE) said on Sunday.
Source: gmanews - 🏆 11. / 68 Read more »

Low, low priceLow prices of squash have forced farmers to just let their harvest rot, as this photo taken on 5 August 2023 along the Alamada-Banisilan highway in North Cotabato shows. Since June, the Department of Agriculture said the farmgate price of squash in Alamada has dropped to as low as P2 per kilo. Photo courtesy of KALOY MANLUPIG
Source: mindanewsdotcom - 🏆 10. / 68 Read more »

Cost of diesel may rise by P4 per liter this weekThe Department of Energy on Sunday confirmed that the price of diesel may shoot up by P4 per liter this week.
Source: TheManilaTimes - 🏆 2. / 92 Read more »

On diesel price hike possibly reaching P4.10/liter, DOE exec says it's possibleThe price hike on diesel may possibly reach more than P4.00 per liter this week, an official of the Department of Energy (DOE) said on Sunday.
Source: gmanews - 🏆 11. / 68 Read more »

Cost of diesel may rise by P4 per liter this weekThe Department of Energy on Sunday confirmed that the price of diesel may shoot up by P4 per liter this week.
Source: TheManilaTimes - 🏆 2. / 92 Read more »