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        P1.30/l gasoline, P1.50/l diesel price hike takes effect tomorrow

        What are you waiting for?
        by Aris Ilagan Oct 11, 2021
        PHOTO: Aris Ilagan

        Barely a week since Philippine petroleum companies implemented a big-time price increase, another round of fuel hike will again take effect tomorrow, October 12, 2021.

        Cleanfuel has announced a P1.30 and P1.50 per liter price hike in gasoline and diesel products, respectively, starting at 4:01 pm. Pilipinas Shell and Seaoil will implement the same adjustment, aside from a P1.45 per liter increase in kerosene, only earlier at 6 am.

        Continue reading below ↓

        Continue reading below ↓
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        Meanwhile, Caltex Philippines, Inc.’s increase takes effect at 12:01 am.

        This marks the seventh straight week that local fuel players carried out a hefty adjustment, as global oil prices hovered around $80 per barrel.

        The opening of local economies following the easing of quarantine restrictions in different parts of the country may have contributed to the huge demand for petroleum products.

        Continue reading below ↓


        Last October 5, the oil companies issued an advisory on premium and unleaded gasoline price hikes (P1.45 per liter), as well as a P2.05 per liter increase in diesel.

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        PHOTO: Aris Ilagan

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