Another big-time fuel price hike set this week

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(FILE PHOTO)

Metro Manila (CNN Philippines, May 25)— Heads up, motorists!

Pump prices are set to increase once again on Tuesday with the easing of COVID-19 quarantine measures in some parts of the country.

The following oil companies have announced hefty fuel price adjustments effective Tuesday, May 26 at 6 a.m.:

Flying V

Biodiesel + ₱2.10/liter

Gasoline + ₱1.75/liter

Kerosene + ₱2.65/liter

Petro Gazz

Diesel + ₱2.10/liter

Gasoline + ₱1.75/liter

Phoenix Petroleum

Diesel + ₱2.10/liter

Gasoline + ₱1.75/liter

PTT Philippines

Diesel + ₱2.10/liter

Gasoline + ₱1.75/liter

Seaoil

Diesel + ₱2.10/liter

Gasoline + ₱1.75/liter

Kerosene + ₱2.65/liter

Shell

Diesel + ₱2.10/liter

Gasoline + ₱1.75/liter

Kerosene + ₱2.65/liter

Caltex will implement the same price increases for its fuel products effective 12:01 a.m. of Tuesday:

Chevron Philippines Inc.(Caltex)

Diesel + ₱2.10/liter

Gasoline (Platinum and Silver) + ₱1.75/liter

Kerosene + ₱2.65/liter

The adjustments reflect movements in the global oil market, which has also been severely affected by the COVID-19 crisis.

Metro Manila and other high-risk areas are currently under modified enhanced community quarantine so movement of people is discouraged due to the continuous spike in the number of infections.

Lower risk areas, on the other hand, have shifted to general community quarantine restrictions with more relaxed lockdown policies.

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