Gasoline up, diesel down in first week of December

Arthur Fuentes

ABS-CBN News

MANILA (UPDATE) - Oil firms are implementing another round of pump price adjustments on Tuesday, Dec. 3.The following oil firms have advised that they will be raising their prices at these times:<div style="line-height:1">SHELL, SEAOIL, CALTEX effective 6 a.m</div>Gasoline    P0.90/liter  increaseDiesel         P0.20/liter decreaseKerosene   P0.40/liter decrease<div style="line-height:1">PETROGAZZ effective 6 a.m</div>Gasoline    P0.90/liter  increaseDiesel         P0.20/liter decrease<div style="line-height:1">CLEANFUEL effective 4 p.m.</div>Gasoline    P0.90/liter  increaseDiesel         P0.20/liter decreaseOther oil firms are expected to make similar announcements within the day.The Department of Energy earlier explained that a global oversupply of fuel is expected in the first quarter of 2025, along with a low demand.For the rest of 2024, DOE said oil prices are likely to decrease due to lower overall demand.More details to follow.

Oil firms are implementing another round of pump price adjustments on Tuesday, Dec. 3.

Oil firms are implementing another round of pump price adjustments on Tuesday, Dec. 3.

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Gasoline up, diesel down in first week of December

Gasoline up, diesel down in first week of December

Arthur Fuentes,

ABS-CBN News

Published Dec 02, 2024 09:42 AM PHT

|

Updated Dec 02, 2024 10:13 AM PHT

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