Big hike in fuel prices set on July 18 | ABS-CBN

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Big hike in fuel prices set on July 18
Big hike in fuel prices set on July 18
ABS-CBN News
Published Jul 17, 2023 10:34 AM PHT
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Updated Jul 17, 2023 05:33 PM PHT

MANILA (UPDATE) - Oil companies are set to raise pump prices again this week.
MANILA (UPDATE) - Oil companies are set to raise pump prices again this week.
Caltex announced that it will be implementing the following price hikes on fuel products at 12:01 a.m. July 18, Tuesday.
Caltex announced that it will be implementing the following price hikes on fuel products at 12:01 a.m. July 18, Tuesday.
- Diesel- P2.10/L
- Gasoline - P1.90/L
- Kerosene - P1.80/L
- Diesel- P2.10/L
- Gasoline - P1.90/L
- Kerosene - P1.80/L
Shell and Seaoil announced that they will also implement similar hikes on their gasoline, diesel and kerosene products at 6 a.m. Tuesday.
Shell and Seaoil announced that they will also implement similar hikes on their gasoline, diesel and kerosene products at 6 a.m. Tuesday.
Jetti, Petrogazz, PTT and Unioil, meanwhile said they will implement similar price hikes for their diesel and gasoline at 6 a.m.
Jetti, Petrogazz, PTT and Unioil, meanwhile said they will implement similar price hikes for their diesel and gasoline at 6 a.m.
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Cleanfuel meanwhile will also hike the prices of its gasoline and diesel products at 4:01 p.m. tomorrow.
Cleanfuel meanwhile will also hike the prices of its gasoline and diesel products at 4:01 p.m. tomorrow.
Other oil firms are expected to make similar announcements during the day.
Other oil firms are expected to make similar announcements during the day.
Analysts earlier said the price hikes are due to Russia's announcement that it is cutting oil production in a bid to support prices.
Analysts earlier said the price hikes are due to Russia's announcement that it is cutting oil production in a bid to support prices.
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