Shell hikes fuel, drops LPG prices | Inquirer Business

Shell hikes fuel, drops LPG prices

MANILA, Philippines—Pilipinas Shell Petroleum Corp. has decided to hike prices of unleaded gasoline by 50 centavos a liter and of regular gasoline and diesel by 25 centavos a liter.

These price movements will take effect at 12:01 a.m. on Tuesday.

The price of Shell’s Shellane liquefied petroleum gas, however, has been pulled down by P2.50 a kilogram, or by P27.50 per 11-kilogram cylinder.

Article continues after this advertisement

According to monitoring done by the Department of Energy, the prices of gasoline and diesel based on the Mean of Platts Singapore benchmark for refined petroleum products went up last week as compared with prices two weeks ago.

The international contract price of LPG, on the other hand, went down for the month of June, leading to a drop in local cooking gas prices.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Consumer Issues, liquefied petroleum gas, oil and gas, Shell

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.