MANILA -A hefty drop in the price of cooking gas greeted consumers at the start of Holy Week, as local oil firms announced a cut in the cost of liquefied petroleum gas (LPG) by P9.20 per kilogram (kg) or P101.20 per 11-kg cylinder.
The drawback, however, is a hike in the pump prices of gasoline, diesel and kerosene by up to P1.40 per liter effective Tuesday, April 4, after three consecutive weeks of rollbacks.
In an advisory, Seaoil said it would increase the prices of gasoline by P1.40 per liter, diesel by P0.50 per liter, and kerosene by P0.20 per liter.
Last week’s local fuel prices declined by P0.85 per liter for gasoline, P1.30 per liter for diesel and P1.90 per liter for kerosene.
According to the Department of Energy (DOE), this resulted in a year-to-date per-liter net decrease for diesel at P4.15 and kerosene at P5.55. Gasoline, meanwhile, had a net increase of P4.65 per liter.
Meanwhile, consumers began enjoying a P9.20-per-kilogram rollback on LPG prices on Saturday, April 1.
“These reflect the international contract price of LPG for the month of April,” Petron said.
The price of Solane-branded LPG went down by P9.18 per kilogram.
Petron rolled back the price of AutoLPG by P5.14 per liter, while Phoenix Petroleum implemented a P5.15-per-liter decrease.
Last month, the price of cooking gas was down by P38.5 per kilogram. As of Feb. 8, data from the DOE show that prevailing prices nationwide for an 11-kg tank were at P929 to P1,120.
Fuel prices slashed by up to P2 per liter
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