Price increase for diesel, kerosene; gasoline steady
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Price increase for diesel, kerosene; gasoline steady
by Jim Fernandez07 October 2024
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Oil prices went up again, save for gasoline, for the second week of October.
Shell Pilipinas and Seaoil announced that, effective 6 AM on October 8, diesel will have an added ₱1.20/liter and kerosene an additional ₱0.70/liter. The price on gasoline will remain as is.
Cleanfuel and PetroGazz will also adjust their diesel prices accordingly.
Petroleum products saw a spike due to fears emerging from mounting tensions in the Middle East. Experts have also considered US stockpiles rising beyond expectation and the conclusion of Libya’s month-long production and export blockade.
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