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Diesel prices could go up to P170 per liter with retailers raising prices by up to P19.80
MANILA, Philippines – Consumers will be hit by higher fuel prices as oil companies announce another round of massive pump price hikes amid ongoing. conflicts in the Middle East.
This is the 13th week in a row that the price of gasoline has increased, while it is the 15th week in a row that the price of diesel and kerosene has increased.
Here is a list of oil companies that have issued their advice as of Monday, April 6:
Petron
Starting at 6 a.m. on Tuesday, April 7, Petron will increase the price of diesel by P18.80 per liter, gasoline by P4.90 per liter, and kerosene by P8.10 per liter.
Shell
Starting at 6 a.m. on Tuesday, April 7, Shell will increase its diesel prices by P19.80 per liter, gasoline by P5.90 per liter, and kerosene by P9.10 per liter.
SEASON
Starting at 6 a.m. on Tuesday, April 7, SEAOIL will raise its diesel price by P17.95 per liter, gasoline by P4.90 per liter, and kerosene by P8.10 per liter.
Petrol Jetty
Starting at 6 a.m. on Friday, April 10, Jetti will raise its diesel price by P18.60 per liter, while the price of gasoline will be increased by P5.40 per liter.
Oil industry sources earlier he said diesel prices may rise to around P150 to P170 per liter this week as pump prices are expected to rise by P17 to P19 for diesel and P3 to P5 per liter for gasoline. The price of diesel and gasoline ranged from around P50 to P60 before the US-Israel war against Iran began on February 28.
According to the recent Department of Energy price tracking informationthe price of regular diesel in Metro Manila stabilized between P110 to P150.30 per liter last week, while the price of gasoline ranged from P82.50 to P105.60 per liter.
– Rappler.com
