Oil firms to raise pump prices

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Oil companies are set to raise gasoline prices by P0.40 per liter and diesel prices by P0.20 centavos per liter, effective at 6 a.m., Tuesday.

Pilipinas Shell Petroleum, Caltex, Eastern Petroleum, Phoenix Petroleum and SeaOil announced the higher gasoline and diesel prices on Monday.

Shell, Caltex and SeaOil said they will raise kerosene prices by P.10 per liter, also effective on Tuesday.

Usually, weekly price changes are announced Mondays, with the adjustments taking effect Tuesdays.


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