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Caracol festival paranaque6/11/2023 With all these price movements, we believe that the oil firms have adopted a confuse-the-consumer policy in an effort to stem negative public opinion on the price hikes. The two firms did not announce nor implement a price increase for gasoline. These announcements follow SeaOil's rollback of diesel and kerosene by P2 per liter and Eastern Petroleum's P1 rollback for the same products earlier today. PTT, on the other hand, has announced a P1 per liter rollback for both its diesel and kerosene. The Big 3 and Total will be increasing gasoline by P1 per liter while PTT will only raise its pump price by 50 cents.Īlso, a 75 cent and P1 rollback for diesel and kerosene, respectively, will be implemented by the Big 3 and Total at the same time as their price increase for gasoline. The Big 3, Total Philippines and PTT have all announced a price hike on gasoline prices effective 12:01am on Wednesday, January 28, 2009, with the exception of Petron, who will be implementing the price increase beginning 6:00am the same day.
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