Mixed movement in fuel prices this week

Metro Manila, Philippines - Oil firms announced a mixed movement for fuel prices starting Tuesday, Aug. 19.

In separate announcements on Monday, Caltex, Cleanfuel, Jetti Petroleum, Phoenix Petroleum, Seaoil, and Unioil said gasoline prices will go up by P0.60 per liter, while diesel will go down by P0.80 per liter.

Caltex and Seaoil said kerosene costs will be reduced by P0.90 per liter.

Companies reduced the prices of fuel products last week.

As of Aug. 12, the Department of Energy said year-to-date total net increase was at P10.80 per liter for gasoline and P12.75 per liter for diesel. Kerosene stood at a net increase of P2.65 per liter.