MANILA -The pump price of gasoline will increase by 45 centavos per liter on Tuesday, Oct. 31, while diesel prices will go down by P1.25 per liter, local oil companies announced on Monday.
In separate advisories, the oil firms likewise said the price of kerosene would decline by P1.20 per liter.
Seaoil and Shell will implement the price adjustments by 6 a.m.
This marks the second consecutive week of price increases for gasoline.
Last week, pump prices rose by 95 centavos per liter for gasoline, P1.30 per liter for diesel and P1.25 per liter for kerosene.
This resulted in a year-to-date net increase of P13.75 per liter for gasoline, P11.70 per liter for diesel, and P6.24 per liter for kerosene, according to the Department of Energy (DOE).
DOE data show that as of Oct. 26, prevailing retail prices in Metro Manila ranged from P57.65 per liter to P86.40 per liter.
Your subscription could not be saved. Please try again.
Your subscription has been successful.
Denial of responsibility! Samachar Central is an automatic aggregator of Global media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, and all materials to their authors. For any complaint, please reach us at – [email protected]. We will take necessary action within 24 hours.
Omprakash Tiwary is a business writer who delves into the intricacies of the corporate world. With a focus on finance and economic landscape. He offers readers valuable insights into market trends, entrepreneurship, and economic developments.
