AFTER two weeks of price rollbacks, local oil companies will raise their pump prices of diesel and gasoline by P1.50 and P1.10 per liter, respectively, at 6 a.m., except for Flying V, on Tuesday, April 19.
Five oil players – PTT Philippines, Phoenix Petroleum, Unioil, Eastern Petroleum, and Flying V – announced the increases on Monday.
PTT Philippines will increase prices of diesel by P1.50 per liter and of gasoline by P1.10 per liter effective at 6 a.m.
Phoenix Petroleum Philippines also said its prices would raise by the same amounts, as did SeaOil and Eastern Petroleum. SeaOil likewise announced a P1.10 per liter increase in the price of kerosene.
Flying V announced a similar price increase, but will implement it earlier at 12:01 a.m., Tuesday. Voltaire Palaña