News

Fuel prices up by as much as P1.50 a liter

Another oil price hike has hit motorists as the prices of petroleum products went up by as much as P1.50 per liter on April 13.

Independent oil company Flying V was the first to raise prices at 12:01 a.m., with gasoline products up by P1 per liter while the prices of diesel and kerosene were raised by P1.50 per liter.

Seaoil Philippines and Chevron (formerly Caltex) Philippines followed suit at 6 a.m. with both companies increasing the prices of their premium gasoline, diesel and kerosene products by P1 per liter while the price of regular gasoline went up by 50 centavos per liter.

Pilipinas Shell, Petron Corp. and other independent oil companies have yet to announce if and when they will implement a similar price hike.

According to the oil firms, this week's price adjustment was due to the upward movement of oil prices in the global market.

 
 
 
Tags: Petron, Caltex, Chevron, Shell, Seaoil, oil price, Gasoline, Fuel price

Post Comment | Comments (9) |

 
 
 
 

COMMENTS

  • trail says Editors, Shell has already implemented a P1.00 increase in gasoline products as of 8AM this morning, based on prices of the Shell stations along Commonwealth Avenue. (I don't really follow diesel prices as my family doesn't own a diesel-fed car.) (13 April 2010)
  • PETadeo says @trail: Thanks for the heads-up! (13 April 2010)
  • AA says burado agad yung 25cents rollback nila for 2 straight weeks... (13 April 2010)
  • GAS says punta na lang tayo sa middle east mura lang gas dun he he...:) (14 April 2010)
  • god_father says Gasoline stations are too slow - way slow- to implement roll backs when prices at the world markets go down. On the contrary, if the world market go up, gasoline stations will not take another second to hike up prices. Something has to be done here really... (14 April 2010)
  • Surreal says Ho-hum, same old story. Oil companies rollback a couple of cents then before you know it they jack up the price again. Well, at least I drive a small car that has good fuel mileage. Medyo di ramdam yung pagtaas ng presyo sa bulsa. (14 April 2010)
  • trail says @GAS - tubig ang mahal sa middle east. :) can't take a bath in gasoline. =P (14 April 2010)
  • hey says punta kayu sa clark merong gas station dun tax free! hehehe.... totoo un promise hehehehe..... (14 April 2010)
  • JCTP says buti na lang yung autobot ko naka full tank na wag naman sana umabot uli ng 60 level ang per litter ng unleaded =( (14 April 2010)

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