THERE will be a price increase on fuel on Tuesday, August 20, 2024.
In their respective advisory, Pilipinas Shell, Jetti Petroleum, PTT, Caltex, Seaoil, PetroGazz, and Cleanfuel said there will be a P1.20 per liter price increase on diesel and P1 per liter for both gasoline and kerosene.
Except for Cleanfuel, which will implement the price adjustment at 4:01 p.m., the other is set to change pump prices at 6 a.m.
Last week, oil firms implemented a P1.90 per liter price decrease on diesel, P2.45 per liter on gasoline, and P2.40 per liter on kerosene. (TPM/SunStar Philippines)
[Editor's note: An update to our previous report is necessary. Contrary to the earlier information that fuel prices would decrease, the correct update is that fuel prices will actually increase. We apologize for any confusion and appreciate your understanding.]