Gasoline prices up, diesel down in first week of March | ABS-CBN

Traffic

ABS-CBN

Horoscope

Featured:
|

ADVERTISEMENT

Featured:
|
dpo-dps-seal
Welcome, Kapamilya! We use cookies to improve your browsing experience. Continuing to use this site means you agree to our use of cookies. Tell me more!

Business

Gasoline prices up, diesel down in first week of March

Gasoline prices up, diesel down in first week of March

ABS-CBN News

 | 

Updated May 28, 2024 04:11 PM PHT

Clipboard

MANILA -- Gasoline prices are up while diesel prices are down in the first week of March.

Oil companies announced the following price adjustments effective March 5, Tuesday:

PILIPINAS SHELL, SEAOIL (effective 6 a.m.)

Gasoline - P0.50L increase 

Kerosene - P0.35/L decrease

Diesel - P0.40/L decrease

CLEANFUEL (effective 4:01 p.m.)

Gasoline - P0.50L increase 

Diesel - P0.40/L decrease

DOE oil management bureau director Rodela Romero earlier said added inventory in US crude and signs of a possible ceasefire in Gaza factored in the cut of diesel and kerosene prices. 

ADVERTISEMENT

Meanwhile,  a potential extension of OPEC's supply cut to the second quarter of 2024 plus Russia's 6-month gasoline export ban are factors in the increase of gasoline prices.

More details to follow.

Read More:

oil

|

oil prices

|

presyo ng langis

|

presyo ng krudo

|

presyo ng petrolyo

|

oil price hike

|

oil price rollback

ADVERTISEMENT

ADVERTISEMENT

It looks like you’re using an ad blocker

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by disabling your ad blocker on our website.

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by disabling your ad blocker on our website.