LPG prices up for second straight month in December

Prices of liquefied petroleum gas (LPG) products will be hiked anew in December, marking the second straight month of increases.

In an advisory, Petron Corp. said it will hike prices of LPG products by P2.25 per kilogram, and AutoLPG by P1.26 per liter effective 12:01 a.m., Thursday, December 1.

“These reflect the international contract price of LPG for the month of December,” the company said.

The latest increase comes after prices of LPG were hiked by P3.50 per kilogram and AutoLPG prices by P1.96 per liter in November.

Latest data available from the Department of Energy (DOE) show that retail prices of an 11-kilogram cylinder in Metro Manila ranged from P786.95 to P971.95 in October.—AOL, GMA Integrated News