Oil firms hike pump prices on Tuesday

Posted at 06/30/14 10:53 PM

MANILA (UPDATED) - Oil companies announced on Monday they will be increasing pump prices by Tuesday.

SEAOIL will adjust its pump prices per liter effective 6 a.m., 1 July 2014, as follows:

  • Gasoline: +P0.45
  • Diesel: +P0.10
  • Kerosene: no movement

PTT Philippines

PTT Philippines will increase pump prices effective 6 a.m. Tuesday, July 1, 2014:

  • gasoline by P0.45/liter
  • diesel by P0.10/liter


Phoenix Petroleum Philippines will increase pump prices effective 6 a.m., 1 July, 2014:

  • gasoline by P0.45 per liter
  • diesel by P0.10 per liter


Price movement effective 6 a.m., 1 July 2014:

  • Gas: +P0.45/liter
  • Kerosene: none
  • Diesel: +P0.10/liter


Petron will implement the following adjustments (VAT inclusive), reflecting movements in the international oil market effective 6 a.m. July 1:

  • increase of P0.45/liter for gasoline and P0.10/liter for diesel
  • rollback in LPG by P0.10/KG and autoLPG by P0.06/liter

Last week, fuel prices increased by more than P1 due to tensions in the Middle East.