Oil prices to go up on August 20

Ralf Rivas
Oil prices to go up on August 20

Darren Langit

Some oil companies will be raising pump prices of petroleum goods more than others

MANILA, Philippines – Oil companies will be raising pump prices on Tuesday, August 20, with some firms charging a little more than others.

Shell and Seaoil will be raising prices by P0.60 per liter for diesel, P0.35 per liter for gasoline, and P0.45 per liter for kerosene.

Meanwhile, Petro Gazz and Caltex will increase diesel prices by P0.75 per liter and gasoline prices by P0.50 per liter.

Caltex will increase kerosene prices by P0.50 per liter.

The companies will be implementing the new rates by 6 am on Tuesday. – Rappler.com

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Ralf Rivas

A sociologist by heart, a journalist by profession. Ralf is Rappler's business reporter, covering macroeconomy, government finance, companies, and agriculture.