• Oil companies again increase prices

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    OIL companies implemented another round of price increase on Tuesday following last week’s adjustment.

    Petron, Seaoil and Total on Monday announced an increase of 30 centavos per liter on gasoline products and 40 centavos per liter on diesel.

    Petron also raised the price of kerosene products at 45 centavos per liter.

    Pilipinas Shell and Chevron also enforced similar price adjustments starting at 9 a.m. on Tuesday.

    The price hike was the third this month. An increase of 35 centavos per liter on gasoline and 25 centavos per liter on diesel was implemented on May 21.

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