Oil firms will adjust prices of gasoline and kerosene effective Tuesday, May 29.

In separate advisories, Caltex, Cleanfuel, Petro Gazz, PTT, Seaoil, and Shell said they will increase gasoline prices by P1 per liter.

On the other hand, Caltex, Seaoil, and Shell will roll back kerosene prices by P0.35 per liter.

There will be no movement for diesel prices.

Other oil firms are expected to follow suit.

Last week’s price adjustments brought gasoline prices higher by P8.60 per liter since the start of the year.

Lower prices of diesel and kerosene were posted since the start of 2023 at P0.75 and P2.70 per liter, respectively.PNA