Petroleum Products Price Hike To Set On June 23 (Tuesday)

Petroleum Products Price Hike To Set On June 23 (Tuesday)

PETROLEUM PRODUCTS – Pump prices on petroleum products are set to be implemented starting June 23, 2020 (Tuesday), firms confirmed.

PETROLEUM PRODUCTS
Image from: PhilStar

According to ABS-CBN, this was confirmed by Shell, Cleanfuel, Flying V, and Petro Gazz.

The said firms that there will be an increase of P0.85 per liter for diesel and P1.05 per liter for gasoline.

Furthermore, Shell and Flying V said that there will also an increase of P0.30 per liter for kerosene.

Based on the report, the price hike will take effect at 6AM on Tuesday morning, while Cleanfuel will implement the said hike at 4:01 PM.

The previously reported price hike was on May 25. That time, it was implemented despite adjustments that still do not include additional work that was approved by President Rodrigo Duterte earlier on May..

What do you think about this? How will you react to this? Let us know more about it in the comments below.

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