MANILA, Philippines — Motorists can expect higher fuel prices beginning October 1.
In separate advisories, PTT Philippines, Cleanfuel, and more oil firms announced the following fuel price adjustments.
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- Gasoline: Up by P0.45/ liter
- Diesel: Up by P0.90/ liter
- Kerosine: Up by P0.30/ liter
Caltex, Shell, Seaoil, Jetti Petroleum, PTT Philippines and Unioil will implement the oil price hike at 6 a.m., while Cleanfuel will implement fuel price increase at 4 a.m. on the same day.
This is the second week in a row that fuel prices have increased.
The Department of Energy-Oil Industry Management Bureau has attributed this price hike due to growing tensions in the Middle East after Israel attacked Lebanon.