Caltex to increase prices on July 17

MANILA, Philippines – Caltex will raise fuel prices 6:01 a.m. on Thursday.

In an advisory Wednesday, the oil firm said gasoline prices will be hiked by P0.20 per liter, diesel by P0.35 per liter and kerosene by P0.20 per liter.

This is the second time this week the oil company, marketed by Chevron Philippines, announced price adjustments.

Oil firms have been increasing prices for several weeks now given the impact of developments in the international market.