MANILA, PHILIPPINES — Oil companies have created another set of adjustments to fuel prices, effective this December 19, 2023.
The Department of Energy (DOE) reported in their Oil Monitor updates that oil companies in the Philippines would implement a price rollback by P0.30 for diesel. Meanwhile, gasoline and kerosene prices will increase by P0.30 and P0.20/liter, respectively.
Oil firm also provided their own advisories regarding their fuel price hikes.
Effective 04:01 am, CleanFuel announced no movement for gasoline and price hike by P0.10 per liter for diesel.
Effective 6:00 am, PetroGazz will implement a price rollback for hike by P0.10 per liter.
Effective 6:00 am, SeaOil will implement no movement for gasoline, diesel by P0.10 per liter, and kerosene rollback by P0.85 per liter.
(For price advisories by other oil firms, you may bookmark this page for updates.)
Other fuel companies have yet to release new fuel price changes. However, the estimates for this week are the following:
- Diesel by P0.10-P0.20 per liter
- Gasoline byP0.10-P0.20 per liter
- Kerosene by P0.70-P0.90 per liter
According to DOE, the year-to-adjustments of fuel prices stand at a net increase of P11.00/liter for gasoline, P3.85/liter for diesel and P0.54/liter for kerosene. – WhatALife!
Also read: Fuel price rollback effective December 12, 2023
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