Firms greet consumers with higher oil, LPG prices in H2 ’24

By Kris Crismundo

July 1, 2024, 3:38 pm

<p><em>(PNA file photo)</em></p>

(PNA file photo)

MANILA – Starting the second half of the year are higher liquified petroleum gas (LPG) and pump prices.

In separate advisories, Caltex, Cleanfuel, Jetti, Petro Gazz, Seaoil, and Shell said they will increase gasoline prices by PHP0.95 per liter and diesel prices by PHP0.65 per liter.

Caltex, Seaoil, and Shell will also hike kerosene prices by PHP0.35 per liter.

The price adjustments will take effect on July 2.

On Monday, LPG prices also increased.

Regasco increased LPG prices by PHP0.50 per kilogram, while Shell and Solane hiked prices by PHP0.55 per kilogram.

The price adjustments on LPG mean a PHP5.50 to PHP6.05 increase for an 11-kilogram cylinder. (PNA)

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