OIL PRICE HIKE / MAY 25, 2020
A gasoline attendant grabs the fuel nozzle at a gas station in Kalayaan Avenue, Quezon City on May 25, 2020. A drastic fuel price hike is expected to take effect on May 26 to June 1 with an increase in diesel prices by more than P2.30 per liter and gasoline by more than P1.90 per liter. The hike does not include the impact of the additional 10 percent duty on all crude petroleum oil and refined petroleum products under Executive order 113 to help bolster government revenues to fight Covid-19.
INQUIRER PHOTO / NINO JESUS ORBETA MANILA, Philippines — Mixed fuel price movements may greet motorists at the end of September. An industry player is seeing a rollback for gasoline but a slight increase for diesel.
In an advisory on Friday, Jetti Petroleum’s Leo Bellas said diesel prices may go up by 30 centavos to 50 centavos per liter.
https://business.inquirer.net/549322/diesel-prices-poised-for-6th-week-of-hikes-on-sept-30
