Fuel prices to go up on May 21

MANILA, Philippines – After delivering big-time rollbacks for two consecutive weeks, oil companies will once again raise pump prices on Tuesday, May 21.

Shell, Total, and Petro Gazz said they will increase prices of gasoline by P0.90 per liter and diesel by P0.80 per liter.

Kerosene prices of Shell will also go up by P0.75 per liter.

Other oil companies are expected to follow the same hikes.

Year-to-date adjustments now stand at a net increase of P7.55 per liter for gasoline, P6.20 per liter for diesel, and P4.60 per liter for kerosene. – Rappler.com

Ralf Rivas

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