OIL companies will increase prices of diesel and kerosene but will slash the price of gasoline this Christmas week.

Eastern Petroleum, Petron, Pilipinas Shell, and Seaoil said in separate advisories that they would raise the prices of diesel and kerosene by 15 centavos per liter but lower the price of gasoline by 20 centavos per liter effective at 6 a.m. on Tuesday.

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