MANILA – Motorists will have to pay more for diesel and gasoline this week, as well as consumers who use kerosene, as oil companies are poised to raise pump prices today, Tuesday in line with world crude prices.
In separate advisories on Monday, Flying V, SEAOIL Philippines Inc., and Chevron Philippines Inc. (Caltex) said they will raise the price per liter of diesel by P0.95, gasoline by P1.15, and kerosene by P0.85.
PTT Philippines Corp., TOTAL (Philippines) Corp., and Phoenix Petroleum Philippines Inc. are also implementing the same price adjustments but excluding kerosene.
The changes will take effect at 6:00 a.m. on Tuesday, July 31. Other oil companies have yet to announce similar price adjustments for the week.
According to the Department of Energy (DOE), the price per liter of diesel in the country now range from P39.55 to P45 and gasoline from P47.95 to P59.22. (GMA News)
