Fuel price hike set on 1st week of April
4 Articles
4 Articles
Oil firms hike pump prices for 2nd straight week
(UPDATE) LOCAL oil companies raised pump prices for the second consecutive week. The per-liter price of gasoline went up by P1.40, diesel by P1.20, and kerosene by P1.20 on Tuesday, April 1. Oil industry sources said among the main reasons for the increase are recent sanctions on Iran and tariff threats on Venezuelan oil buyers; the latest OPEC+ output plan to require seven member nations to further cut oil outputs to compensate for overproducti…
Fuel price hike set on 1st week of April
MANILA, Philippines – More expensive petroleum products will greet motorists in the first week of April, with oil companies raising prices by more than P1 per liter. In separate advisories on Monday, Seaoil, Petro Gazz, Cleanfuel, and Shell Pilipinas said the per-liter price of gasoline would climb by P1.40. Both diesel and kerosene will also see increases of P1.20 a liter. Fuel retailers usually announce their price adjustments every Monday, wi…
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