Oil price hike set for Tuesday, January 27 

METRO MANILA, PHILIPPINES – Oil companies will implement another price hike to close out the month, beginning on Tuesday, Jan. 27.

Gasoline prices will rise by P0.40/L, diesel  by P1.40/L, and Kerosene by P0.80/L.

Industry sources say increased demand and geopolitical risks are driving higher oil prices.

Shell, Caltex, and SeaOil will implement the same changes based on their advisories, Monday morning, Jan. 26.

CleanFuel will apply the same changes except kerosene which they do not supply.