Diesel prices to go up by P1.30 per liter

Oil companies will raise their pump prices on Tuesday, October 24, 2023.

Shell and Seaoil on Monday said the prices of gasoline and diesel will go up by P0.95 per liter and P1.30 per liter, respectively. The cost of kerosene will increase by P1.25 per liter.

The Department of Energy-Oil Industry Management Bureau said that the price movements are mostly due to the geopolitical tensions owing to the Israel-Hamas conflict.

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