Published: Monday 02 July, 2018

Oil Price Hike for July 3 Announced, Gasoline & Diesel Prices Increased Again!

Just as predicted, the prices of gasoline, diesel and kerosene will go up again. This after local oil distributors announced a fuel price increase effective tomorrow, July 3.

Gasoline diesel price increase

Gasoline and diesel prices go up again this week.

Pilipinas Shell is one of the first to announced the price increases for its fuel products, an increase that was predicted late last week based on international market prices for the past week.

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

According to the announcement, the price of gasoline will increase by P0.65 per liter, diesel by P0.55 per liter while kerosene will go up by P0.70 per liter.

The increase follows two weeks of price cuts that, we hoped, would be followed by more rollbacks. Unfortunately, we were wrong.

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