PETROLEUM firms will implement a big-time oil price hike this week and it will be divided into two tranches.
In their respective advisories, Pilipinas Shell, Caltex, Seaoil, Cleanfuel and Petron said there will be a total of P3.50 per liter price increase on gasoline, P5.20 per liter on diesel, and P4.80 per liter on kerosene.
They said they will implement a P1.75 per liter price increase on gasoline, P2.60 per liter on diesel and P2.40 per liter on kerosene on June 24, 2025, from 6 a.m. onwards.
The second tranche, with the same amount of adjustment, will be done on June 26. (TPM/SunStar Philippines)