Oil price hike to welcome October

MANILA, Philippines — Motorists can expect higher fuel prices beginning October 1. 

In separate advisories, PTT Philippines, Cleanfuel, and more oil firms announced the following fuel price adjustments. 

Caltex, Shell, Seaoil, Jetti Petroleum, PTT Philippines and Unioil will implement the oil price hike at 6 a.m., while Cleanfuel will implement fuel price increase at 4 a.m. on the same day. 

This is the second week in a row that fuel prices have increased. 

The Department of Energy-Oil Industry Management Bureau has attributed this price hike due to growing tensions in the Middle East after Israel attacked Lebanon.