MOTORISTS will have to pay more for fuel products starting this week, as firms yesterday announced a pump price hike following the rollback implemented last Tuesday.
In separate advisories, Petron Corp., Seaoil Philippines Corp. and Shell Pilipinas Corp. said it will increase prices per liter of gasoline by P0.50, diesel by P0.30, and kerosene by P0.70.
Cleanfuel will implement the same changes, excluding kerosene which it does not carry.
The increase will take effect at 6 a.m. today, September 3, for all firms except for Cleanfuel, which will adjust prices at 4:01 p.m. the same day.
As of this writing, other firms have yet to make similar announcements for the week.
Firms last week rolled back prices per liter of gasoline by P1.15, diesel by P1.90, and kerosene by P1.80.
This brought year-to-date adjustments to a net increase of P6.90 per liter for gasoline and P4.05 per liter for diesel, and a net decrease of P4.00 per liter for kerosene as of August 27, 2024. (GMA Integrated News)
