Printer Friendly

Gas prices up by P0.10/liter, diesel unchanged.

By Myrna M. Velasco

The prices of gasoline products at the pumps will be up by a very marginal P0.10 per liter, while there had been no changes for diesel and kerosene products, according to the advisory of the oil companies.

As of press time, the oil firms that already advised on gasoline price adjustments effective 6 a.m. on Today (April 23) had been Pilipinas Shell Petroleum Corporation, PTT Philippines and PetroGazz while the rest of the industry players are anticipated to follow.

Prior to this round of adjustment, prevailing gasoline prices in Metro Manila as monitored by the Department of Energy (DOE) were at ranges of P51.39 to P63.56 per liter.

International prices had not moved that much last week, hence, the more stable prices being reflected also this week in the domestic market.

This is somehow a break from the series of massive price hikes that made dent on consumers pockets, including during the travel days of the recent Holy Week.

CAPTION(S):

(Mark Balmores / MANILA BULLETIN)

COPYRIGHT 2019 Manila Bulletin Publishing Corp.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2019 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Business News
Publication:Manila Bulletin
Geographic Code:9PHIL
Date:Apr 22, 2019
Words:173
Previous Article:PCC probes 'collusion' in power plants' shutdowns.
Next Article:Belle Corp. books lower income in Q1.
Topics:

Terms of use | Privacy policy | Copyright © 2022 Farlex, Inc. | Feedback | For webmasters |