Another round of oil price hikes awaits motorists on Tuesday, May 23, marking the second straight week of upward adjustments.&nbsp;
In separate advisories, Shell and Seaoil announced that they will implement a price increase per liter of gasoline by PHP 0.80 and diesel by PHP 0.60 while there will be a rollback for kerosene by PHP 0.10.&nbsp;
Cleanfuel will implement the same changes, excluding kerosene which it does not carry.
&nbsp;
&nbsp;
<blockquote class="twitter-tweet">
LOOK: Magkakaroon ng dagdag-bawas sa presyo ng mga produktong petrolyo bukas, May 23. Sa anunsyo ng oil firms, may taas-presyo sa diesel at gasolina habang kerosene lamang ang may bawas-presyo. | DZRH News <a href="https://t.co/SKgnJEIwvP">pic.twitter.com/SKgnJEIwvP</a>
&mdash; DZRH NEWS (@dzrhnews) <a href="https://twitter.com/dzrhnews/status/1660483192158322689?ref_src=twsrc%5Etfw">May 22, 2023</a></blockquote>
&nbsp;
&nbsp;
The adjustments will take effect at 6 AM on Tuesday, May 23, for all the firms except for Cleanfuel which will implement the changes at 4:01 PM the same day.
Department of Energy - Oil Industry Management Bureau (DOE-OIMB) Assistant Director Rodela Romero previously said the upward movement in gasoline and diesel pump prices was expected, given the movement in the Mean of Platts Singapore (MOPS).
Firms <a href="https://dzrh.com.ph/post/oil-price-hike-ee" target="_blank" rel="noopener">last week</a>&nbsp;hiked prices per liter of gasoline&nbsp;by P0.35, diesel by P1.40, and kerosene by P1.20.

you might like

Oil price hike for gasoline, diesel expected Tuesday; kerosene down