Fuel Prices Surge Again as Philippines Braces for Fifth Consecutive Weekly Increase
Manila: Fuel prices are scheduled to rise again on Tuesday by as much as PHP2.70 per liter. In separate advisories Monday, Seaoil, PTT Philippines, and Jetti Petroleum said the price of their gasoline products will be hiked by PHP1.70 per liter and diesel by PHP2.70 per liter, effective 6 a.m. Seaoil also announced that the price of its kerosene will increase by PHP2.10 per liter. According to Philippines News Agency, the same hikes will also be implemented by Caltex for gasoline, diesel, and kerosene, effective 6:01 a.m. “The adjustments reflect the movement on prices of refined fuel products, freight and