LPG prices to rise by 80 centavos per kilogram on October 1

Filipino households will have to pay more for cooking gas this October due to an upward adjustment for liquefied petroleum gas (LPG) set on Tuesday.

Oil company Petron said LPG prices would climb by 80 centavos per kilogram. Meanwhile, Solane, in a separate advisory, said its LPG price is higher at 82 centavos a kilogram.

READ: LPG prices up by P6 per 11-kg tank in July

“This reflects the international contract price of LPG for the month of October,” Petron said.

In September, oil firms also implemented a price increase of 55 centavos per kilogram for household LPG.

Also starting Tuesday, October 1, oil companies will implement increases in the per-liter prices of diesel, gasoline, and kerosene.

READ: CIDG chief warns public against illegal use of LPG products

In separate advisories, Cleanfuel and Shell Pilipinas said diesel prices would climb by 90 centavos, while gasoline and kerosene would increase by 45 centavos and 30 centavos a liter, respectively.

Rodela Romero, director of the Department of Energy’s (DOE) Oil Industry Management Bureau, said the upward adjustments could be attributed to the supply “uncertainty” due to worsening conflict in the Middle East. The Chinese government’s move to boost its economy is also seen to offset weak demand in Europe.