Oil companies announce third straight week of price hike

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Metro Manila (CNN Philippines, June 20) — Oil companies announce another round of hike in fuel prices for the third straight week.

In separate advisories, Seaoil, Cleanfuel, PTT Philippines, Caltex, Petro Gazz, Unioil, Phoenix Petroleum  and Petron said their pump prices will increase per liter by ₱0.80 for gasoline and ₱3.10 for diesel effective June 21.

Seaoil, Caltex, and Petron also announced that kerosene price will go up by ₱1.70.

As of June 14, per-liter prices have gone up by ₱28.70 for gasoline, ₱41.15 for diesel, and ₱37.95 for kerosene since the start of 2022, according to the Department of Energy’s latest monitor.