Higher Prices for Fuel Set After Long Holy Week Break
Fuel prices are set to increase across major petroleum companies in the Philippines, including Caltex, Jetti, Unioil, Pilipinas Shell, Petro Gazz, Clean Fuel, and Seaoil, starting from April 11, 2023.
Caltex (CPI) will be raising prices for Platinum and Silver fuels by 2.60 Php/L, Diesel by 1.70 Php/L, and Kerosene by 1.90 Php/L, effective from 12:01 AM on April 11, 2023.
Jetti will also be implementing price increases, with DieselMaster seeing a hike of 1.70 Php/L, Accelrate by 2.60 Php/L, and JX-Premium by 2.60 Php/L, effective from 6:00 AM on April 11, 2023. Unioil will see an increase in Diesel prices by 1.70 Php/L and Gasoline prices by 2.60 Php/L, effective from 6:00 AM on April 11, 2023.
Shell will raise Gasoline prices by 2.60 Php/L, Kerosene by 1.90 Php/L, and Diesel by 1.70 Php/L, effective from 6:00 AM on April 11, 2023. Petro Gazz will implement an increase of 2.60 Php/L for Peak97, Premium95, and Prime91 fuels, and 1.70 Php/L for Dzlpower Diesel, effective from 6:00 AM on April 11, 2023.
Clean Fuel will see an increase of 2.60 Php/L for Clean 91, Premium 95, and Race 97 Gasoline and 1.70 Php/L for Diesel, effective from 4:01 PM on April 11, 2023.
Seaoil will raise prices by 2.60 Php/L for Gasoline, 1.70 Php/L for Diesel, and 1.90 Php/L for Kerosene, effective from 6:00 AM on April 11, 2023.
These price increases are expected to have an impact on consumers, as it will result in higher costs for fuel purchases. Transportation costs may increase, which could affect the prices of goods and services that rely on transportation, such as food, transportation fares, and delivery fees. Additionally, consumers who rely on personal vehicles for their daily commute or business operations may face increased expenses for fuel, affecting their overall budget and spending.