Gasoline, diesel prices to increase by up to P1.30 per liter

MANILA, Philippines  —For the third straight week, local oil companies will increase the prices of gasoline and diesel on Tuesday, Jan. 23.

In separate advisories, the oil firms announced an increase of P1.30 per liter in the pump price of gasoline and 95 centavos per liter for diesel. The price of kerosene is unchanged.

In separate advisories, Seaoil and Cleanfuel said changes in their pump prices will take effect on Tuesday at 6 a.m. and 4:01 p.m., respectively.

READ: Oil firms hike fuel prices by up to 90¢ per liter

This week’s upward adjustment is higher than the price hike implemented last week.

On Jan. 15,  gasoline prices went up by 30 centavos per liter while diesel and kerosene rose by 90 centavos per liter.