Oil prices are set to increase in the second week of April as several oil firms announced adjustments in fuel prices. CleanFuel, SeaOil, and Shell shared their price adjustments which will take effect on Tuesday. Diesel prices will go up by P1.55 per liter, gasoline prices will increase by P1.10 per liter, and kerosene prices will also see a hike of P1.40 per liter.
This comes after a week of mixed adjustments in pump products, with diesel prices going down by P0.60 per liter and gasoline prices going up by P0.45 per liter. Kerosene prices also saw a decrease of P1.05 per liter last week.
SeaOil and Shell’s price adjustments will be implemented at 6 a.m. on Tuesday, while CleanFuel’s adjustments will take effect at 4:01 p.m. on the same day. Other oil firms have yet to announce their price adjustments.
