Oil companies will raise the pump prices of diesel by P4 per liter on Tuesday, August 8, 2023. READ:
In separate announcements, Pilipinas Shell, Caltex and Seaoil said that the big-time price hike will be implemented at 6 a.m.Meanwhile, the cost of kerosene will increase by P2.75 per liter and gasoline by P0.50/L.
On the other hand, CleanFuel said it will raise the cost of gasoline by P0.50 per liter and diesel by P4 per liter at 4:01 p.m.Experts have attributed the oil price hikes to production cuts in Russia and Saudi Arabia.
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