Fuel prices slightly up today

MANILA, Philippines, October 29 ------ Oil firms announced that fuel prices will slightly increase today, following last week’s rollback.

In separate advisories, Shell Pilipinas, CleanFuel and Caltex said the following adjustments will be implemented:

- Gasoline: Up by P0.20 per liter

- Kerosene: Up by P0.50 per liter

- Diesel: Up by P0.50 per liter

For Shell Pilipinas and Caltex, the price increase will take effect at around 6 a.m. on Tuesday, while for CleanFuel, it will be effective at 4:01 p.m. The Department of Energy (DOE) reported that from October 22 to 28, common pump prices among oil companies ranged from P52 to P65.71 for gasoline, P51.60 to P54.60 for diesel and P71.66 for kerosene.

As of October 15, the DOE recorded a year-to-date net increase of P6.75 per liter for diesel and P9.05 per liter for gasoline.

Source: philstar.com