Oil firms hike price of diesel, kerosene
OIL firms on Monday announced that they will increase the price of diesel and kerosene and reduce gasoline prices.
Seaoil Philippines, Pilipinas Shell, Petro Gazz, Flying V, Cleanfuel and Phoenix Petroleum said in separate advisories that there is a price increase of P0.80 per liter in kerosene and P0.25 per liter in diesel starting Tuesday.
Gasoline prices, meanwhile, will go down by P0.20 per liter. The price adjustment takes effect Tuesday, 6am.
Liquefied petroleum gas (LPG) prices also went down.
Petron Corp. implemented a P0.30 per kilogram (kg) rollback in LPG and P0.17 per liter reduction in auto LPG. “These reflects the international contract price of LPG for the month of June,” it said.
Solane LPG prices also decreased by P0.27 per kg effective June 1.
Phoenix LPG slashed its Super LPG by P0.30 per kg and auto LPG by P0.15 per liter.
Fuel subsidy
THE Department of Transportation (DOTR) announced also on
Monday that Petron has extended its fuel subsidy for participating vehicle units in the Free Ride Service for Health Workers Program until June 15.
The move follows the shift from enhanced community quarantine (ECQ) to a general community quarantine (GCQ) starting June 1 in Metro Manila, Central Luzon, Cagayan Valley, Calabarzon, Central Visayas, Pangasinan, Zamboanga City, and Davao City. The rest of the country will shift to a modified general community quarantine (MGCQ).
“I am happy to report that the DOTR Free Ride for Health Workers Program breached the 1-million total ridership nationwide on May 30. Petron, as one of our partners in this endeavor, has been instrumental in reaching this milestone,” said DOTR Undersecretary for Administrative Affairs Artemio Tuazon Jr.
Since April 8, Petron has been providing free fuel to vehicles of transport companies participating in the DOTR Free Ride Service for Health Workers Program in the Greater Manila Area. The program aims to ferry frontline health workers to hospitals and medical communities daily, as the country continues its fight to contain the spread of Covid-19.