Gasoline, diesel pump prices up effective Jan 17

Oil companies will implement mixed adjustments in the prices of fuel products effective Tuesday, Jan. 17.

In separate advisories, the oil firms said they will increase gasoline and diesel prices by 95 centavos per liter and 50 centavos per liter, respectively but will cut by 15 centavos per liter the price of kerosene.

Most firms will apply the pump price adjustments on Tuesday morning.

Last week, diesel and kerosene prices were slashed by P2.80 per liter and P2.10 per liter, respectively, while the pump price of gasoline was cut by P0.75 per liter.