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Motorists to see first oil price hike of 2023

Metro Manila (CNN Philippines, January 2) – Motorists will see the first oil price hike of 2023 take effect tomorrow, an oil company said.

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According to advisories from Petron, Seaoil, Petro Gazz, PTT Philippines, Flying V, Cleanfuel, Caltex, Phoenix Petroleum Philippines, and Unioil, gasoline prices will go up by ₱2.90, diesel by ₱2.10, effective 6:00 a.m. on Jan. 3.

Petron, Flying V, Seaoil, and Caltex also said that kerosene would increase by ₱3.05.

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It was earlier forecasted that a fuel price hike would welcome 2023.

READ: Oil prices seen to jump in first week of 2023 

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