CEBU CITY, Philippines — In the latest fuel price adjustment, the price of diesel here in Cebu City went up by 10 centavos per liter effective Tuesday, December 19, 2023.
This was according to the Department of Energy (DOE) under its Oil Industry Management Bureau, adding that the price of kerosene is down by 85 centavos per liter.
The price of gasoline remained unchanged.
READ MORE: Fuel prices drop by P1.85 per liter in Cebu City gas stations on Dec. 12
DOE OIMB Director Rodela Romero explained that the increase in the price of diesel was on the back of possible output cuts by major oil exporters and the US International Energy Agency’s (IEA) upgrade of its demand forecast.
The following are the fuel prices in some gas stations in Cebu City as of December 19:
Shell Gas Station Jones Avenue corner Uytengsu St.
Fuel Save Gasoline – P61.35
V-Power Gasoline – P66.68
Fuel Save Diesel – P58.05
V-Power Diesel – P66.54
Shell Mobility Midtown Mango
Fuel Save Diesel – P58.05
V-Power Diesel – P67.00
Fuel Save Gasoline – P61.35
V-Power Gasoline – P67.25
V-Power Racing – P70.25
Petron Gas Station (V. Rama Avenue, Cebu City)
Diesel MAX – P55.90
XTRA Advance – P59.85
XCS – P60.65
Gaas – P72.92
Shell Gas Station (Natalio B. Bacalso Avenue, Cebu City)
Fuel Save Gasoline – P61.55
V-Power Gasoline – P68.45
Fuel Save Diesel – P58.44
V-Power Diesel – P65.34
Shell Gas Station (Salinas Drive, Cebu City)
Fuel Save Gasoline – P65.45
V-Power Gasoline – P70.03
Fuel Save Diesel – P60.95
V-Power Diesel – P67.85
V-Power Racing – P74.43
/With reports from Inquirer.net
/bmjo