Mixed oil price adjustments set this week

Metro Manila (CNN Philippines, May 29) — Oil companies will implement mixed adjustments in pump prices starting Tuesday.

In separate advisories, Seaoil, Cleanfuel, Flying V, Unioil, Phoenix Petroleum, Caltex, Petro Gazz, and PTT Philippines said the per-liter prices of gasoline would increase by ₱1.10.

The prices of diesel would remain unchanged.

Kerosene prices, meanwhile, would be reduced by 35 centavos.

According to the oil price monitoring of the Department of Energy as of May 23, the year-to-date decrease for diesel stood at ₱5.05 per liter and ₱6.40 for kerosene.

Gasoline had a net increase of ₱5 per liter.