After three consecutive weeks of fuel price cuts, the various retailers implement a price hike beginning Tuesday, 16 May.
Seaoil has raised the per liter price of its gasoline by P0.35, diesel by P1.40 and kerosene by P1.20.
PTT and Clean Fuel adjusted their per liter price higher by P0.35 for gasoline and diesel by P1.40.
Caltex Philippines Inc. also increased the price of its Platinum and Silver gasoline brands by P0.35 per liter and its diesel product by P1.40 per liter and its kerosene by another P1.20 per liter.
According to the Department of Energy (DOE), the average price per liter of gasoline (RON91) in Manila is P57.65, while diesel sells for P51.55 and kerosene at P67.06.
DOE data as of May 9 show year-to-date net decrease of P7.05 per liter for diesel, P7.50 per liter for kerosene but a net increase of P3.85 per liter for gasoline.
