The prices of diesel and kerosene will roll back while gasoline prices will increase on Tuesday, October 31, as announced by oil companies on Monday.
In separate advisory, Seaoil, Shell, and Caltex will be implementing a PHP 0.45 increase per liter for gasoline while the prices of kerosene and diesel will go down by PHP 1.20 per liter and PHP 1.25 per liter, respectively.
Cleanfuel, Unioil, and Jetti Petroleum will be implementing the same adjustments, except for kerosene which it does not carry.
The price adjustments for the rest will take effect at 6AM on Tuesday while Cleanfuel will be implementing teh adjustments at 12:01 AM.
Data from theepartment of Energy (DOE) as of October 26 showed the year-to-date adjustments in gasoline stood at a net increase of P13.75 per liter, while for diesel and kerosene the net increases amounted to P11.70 per liter and P6.24 per liter, respectively.
