Diesel, kerosene prices down; gasoline up

Diesel, kerosene prices down; gasoline up

/ 02:37 PM July 22, 2024

The government is not expecting a continuous rollback in the prices of petroleum products in the country due to the conflict in the Middle East

Fuel pumps. INQUIRER FILE PHOTO

MANILA – Oil firms announced mixed price adjustments starting Tuesday morning.

In separate advisories, Caltex, Cleanfuel, Petro Gazz, Seaoil, and Shell said they would increase gasoline prices by 10 centavos per liter while decreasing diesel prices by 40 centavos per liter.

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READ: Gas prices to rise again this week, but diesel to go down

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Caltex, Seaoil, and Shell will also slash kerosene prices by 70 centavos per liter.

Last week, oil companies implemented price rollback of as much as P1.15 per liter for kerosene products.

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Department of Energy data showed that since the start of the year, gasoline prices had a net increase of P10.25 per liter for gasoline, P8.15 per liter for diesel, and P1.20 per liter for kerosene.

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TAGS: diesel, Gasoline, kerosene

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