New oil price increase today

June 29, 2020

FOR 8th consecutive week, major and independent oil firms will implement another increase on prices of their petroleum products effective today, Tuesday.

Chevron Philippines was first to announce an increase of its gasoline products by P0.70 centavos per liter, diesel by P0.30 centavos per liter and kerosene by P0.40 centavos per liter which take effect at 12 midnight today while Pilipinas Shell, Petron Corporation and Total Philippines in their separate advisories bared the same price adjustments effective at 6 a.m.

Independent oil firms PTT Philippines, Flying V, Petro Gazz Seaoil and Clean Fuel also announced an increase of their gasoline and diesel products by the same level at 6 a.m. today.

The continued spiking of international oil prices has caused domestic prices to climb.