Three Oil Companies Adjust Rates as Pump Prices Increase for Eighth Consecutive Week on August 29th

Three Oil Companies Adjust Rates as Pump Prices Increase for Eighth Consecutive Week on August 29th

INQUIRER file photo

MANILA, Philippines — Local oil companies have announced another round of fuel price increases, scheduled to take effect on August 29 (Tuesday).

On Monday, Cleanfuel and Seaoil revealed that they will raise their gasoline prices by P0.30 per liter and diesel prices by P0.70 per liter.

Seaoil also announced an increase of P0.80 in kerosene prices.

Cleanfuel’s adjustment will start at 4:01 p.m. on Tuesday, while Seaoil’s hike will take effect at 6 a.m.

Petron, on the other hand, has not yet issued an advisory regarding the scheduled price increase.

However, the Petron Customer Interaction Center informed INQUIRER.net that the company is also planning to adjust its fuel prices on August 29.

These price hikes mark the eighth consecutive week of fuel price spikes in the country.

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