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Big-time oil price hikes set this week

Metro Manila (CNN Philippines, July 31) – The motoring public will have to pay ₱2 to ₱3 more in the per-liter prices of petroleum products starting Tuesday.

In separate advisories on Monday, Cleanfuel and Seaoil said the per-liter cost of diesel will go up by ₱3.50 while the price of gasoline will rise by ₱2.10 per liter.

Seaoil also said kerosene will cost ₱3.25 more per liter.

According to the Department of Energy, the price adjustments resulted in a year-to-date net decrease of ₱0.40 per liter for diesel and ₱3.35 per liter for kerosene, while gasoline had a net increase of ₱8.90 per liter.

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