September 23, 2024 | 1:45pm
MANILA, Philippines — Fuel firms will implement a price hike as high as P1.1 per liter beginning Tuesday, September 24.
In separate advisories, Seaoil, Cleafuel, Jetti Petroleum and others announced the following price adjustments:
- Diesel prices – Up by P0.20 per liter
- Gasoline prices – Down by P1.10 per liter
- Kerosene prices – No adjustment
Seaoil, Shell, Caltex and Jetti’s fuel price hike will begin at 6 a.m. onwards, but Cleanfuel’s fuel hike will be implemented at 4:01 pm.
This price hike surpassed the Department of Energy-Oil Industry Management Bureau’s projection of a P0.90 increase last week.
The agency, however, was able to predict the P0.20 per liter increase of gasoline.
Fuel prices have been on a two-week downtrend last week.
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