Oil Companies Set to Impose Another Pump Price Hike This Week

Oil Companies Set to Implement Another Pump Price Hike Starting on Tuesday (February 9)

Several oil companies are set to implement another increase with the prices of petroleum products this week.

The Filipino motorists would face another challenge amid the coronavirus pandemic due to the continuous increase of pump prices. It was the second price hike this months after two consecutive weeks of rollback.

On Tuesday (February 9, 2021), some oil firms in the country including the giant companies such as Shell, Petro Gazz, Seaoil, and Cleanfuel would implement an increase with the prices of gasoline, diesel and kerosene.

Pump Price Hike

The gas companies would implement P1.10 per liter of diesel and P0.85 per liter of gasoline. Shell and Seaoil would also set an increase of P1 per liter of kerosene.

These gas stations would start the price adjustment at 6 am on Tuesday while Cleanfuel would implement the price changes at 4:01 pm. Meanwhile other companies have yet to make announcements within this week.

The increased prices of petroleum products would contribute to the daily burden of the Filipino motorists and public utility drivers who are struggling to earn just to earn money for their families.

Pump Price Hike

What can you say about this price adjustment? Just feel free to leave your comments and reactions to this article.

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