OIL firms on Monday announced price increase of gasoline, diesel and kerosene on Tuesday.
In separate advisories, Pilipinas Shell Petroleum Corp. and Seaoil Philippines Corp. said they will hike prices per liter of gasoline by P1.30, diesel by P1.00, and kerosene by P1.35.
Cleanfuel will implement the same adjustments, excluding kerosene which it does not carry.
The changes will take effect at 6 a.m. on Tuesday, January 31, for all the firms except for Cleanfuel which will adjust prices at 4:01 p.m. the same day.
Other firms have yet to make similar announcements for the week.
Last week, oil firms hiked prices per liter of gasoline by P2.80, diesel by P2.25, and kerosene by P2.40.
Latest data available from the Department of Energy (DOE) show that year-to-date net increases stood at P5.90 per liter for gasoline, P2.05 per liter for diesel, and P3.20 per liter for kerosene.
