Fuel prices up for 6th straight week
Fuel prices will increase for the sixth consecutive week starting Tuesday, August 22.
Petron Corp., Seaoil Philippines Inc., and Cleanfuel will raise gasoline prices by P1.10 per liter and diesel by P0.20 per liter.
Petron and Seaoil also announced a P0.70 per liter increase in kerosene prices, while Cleanfuel's adjustments will take effect later in the day.
The price hikes follow global trends with tighter supply supporting higher oil prices despite easing due to weak Chinese economic data.
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