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Pump oil price starts on Tuesday, August 15
Pump oil price starts on Tuesday, August 15
Nation
Pump oil price starts on Tuesday, August 15
by Ellicia Del Mundo14 August 2023
DZRH file photo

There will be another round of pumped fuel prices, beginning on Tuesday, August 15.

In separate advisories, Shell Philippines and SEAOIL respectively announced that their prices of gasoline will go up by ₱1.90 per liter, diesel will rise by ₱1.50 per liter, and kerosene will move up by ₱2.50 per liter.

The oil price adjustments will be effective at exactly 6 AM.

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Cleanfuel also announced that there will be a ₱1.90 per liter increase in their gasoline prices and ₱1.50 per liter in diesel prices.

The said changes will be carried out starting at 4:01 PM on Tuesday.

This will be the fifth consecutive week hike for gasoline and the sixth week for diesel and kerosene.

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As of August 8, the latest monitoring from the Department of Energy (DOE) showed that the recent domestic price adjustments resulted in a year-to-date net increase of ₱11.50 per liter for gasoline.

The costs of diesel and kerosene has risen by ₱7.10 per liter and ₱2.60 per liter, respectively.

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