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Another oil price hike set this week

Metro Manila (CNN Philippines, July 24) — Oil companies on Monday announced they will implement another hike in pump prices this week.

In separate advisories, Clean Fuel and Seaoil said per-liter prices for gasoline will go up by ₱1.35, while ₱0.45 for diesel.

PTT Philippines, Petro Gazz, Caltex, Jetti, Phoenix Petroleum Philippines, Petron, Flying V, and Unioil have announced the same price adjustments.

 Seaoil, Caltex, Petron, and Flying V also said kerosene will cost ₱0.35 more per liter.

According to the Department of Energy, price adjustments up to July 18 resulted in a year-to-date net decrease of ₱0.85 per liter for diesel and ₱3.70 per liter for kerosene.

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