Oil price hike

September 23, 2019

OIL firms will implement big-time fuel price increases  today.

Pilipinas Shell, Petron Corporation and Chevron Philippines announced a P2.35  increase in  gasoline prices, diesel by P1.80 and kerosene by P1.75 effective  6 a.m.

PTT Philippines, Eastern Petroleum, Phoenix Petroleum Philippines, Petro Gazz, Seaoil Philippines, Total Philippines and Unioil will also implement the same oil price increases.

Last week  oil firms implemented price hikes of P1.35 for gasoline, P1 for kerosene and P0.85 on diesel

The increase in pump prices was due to the drone attacks at oil facilities in Saudi Arabia, the largest exporter of petroleum products.