3 oil companies raise fuel prices in Visayas, Mindanao

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Three oil companies on Wednesday spared flood-ravaged Luzon from a price increase they will implement Thursday.

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In separate advisories, Pilipinas Shell, Chevron and Petron said they will hike pump prices in Visayas and Mindanao only, adding 40 centavos to the per liter price of gasoline, 45 centavos to diesel and 25 to kerosene.

The new prices will take effect 6 a.m. Thursday.

The adjustment will be the third for the month of August.

On August 13, oil companies cut the price of gasoline by 50 centavos per liter, but raised diesel by 20 centavos and kerosene by 25 centavos.

Seven days earlier, gasoline dropped by 35 centavos but kerosene went up by 25 centavos.

RUBEN D.MANAHAN 4th

 

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