Mixed Oil Price Adjustments This Week: Gas, Diesel up; Kerosene Down

Mixed oil price adjustments this week: Gas, diesel up; kerosene down

Oil firms are again raising the price of gasoline this week, this time by P1.21 per liter starting Tuesday, May 19, Energy Secretary Sharon Garin said in a media briefing on Monday. The price of diesel will also go up by P2.82 per liter compared with last week’s substantial decrease of P9.57. Kerosene prices, on

Gas, diesel prices up; kerosene down

Motorists face another round of fuel price hikes today, although the Department of Energy (DOE) continues to regulate pricing computations to prevent excessive increases.

Fuel prices to rise as national buffer stocks face sharp decline

Motorists will need to ease up on the gas pedal as gasoline and diesel prices are expected to increase this week amid renewed geopolitical tensions.The Department of Energy (DOE) reported that gasoline prices will increase by ₱1.21 per liter, while diesel will go up by ₱2.82 per liter.Kerosene, on the other hand, will go down by ₱2.21 per liter.Price adjustments vary depending on the oil company, with movements set to change on Tuesday, May 19.A…