Published: Monday 16 April, 2018

OIL PRICE HIKE Gasoline, Diesel Prices Increase Effective April 17 Announced

Just as predicted by the Department of Energy (DoE) over the weekend, the price increases for gasoline and diesel were announced today. Local fuel retailers announced the price increases, which also includes kerosene, following last week’s rollback.

Oil prices philippines

Get ready for another round of gasoline, diesel and kerosene price increases this week. (Phot via businesstech.co.za)

According to the announcements, made separately but are almost identical, the price of gasoline will go up by about P0.35 per liter while diesel prices will increase by P0.55 per liter. Meanwhile, kerosene prices will be higher by P0.80 per liter.

The price increases will be effective at midnight tonight or 6:00 AM tomorrow, Tuesday, depending on the oil company.

Other oil companies are expected to make similar announcements within the day.