Oil price hike ahead of Christmas

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OIL companies will raise pump prices of petroleum products a week before Christmas.

Flying V said it would increase the price of diesel by 50 centavos per liter, the price of gasoline by 30 centavos per liter, and the price of kerosene by 45 centavos per liter, effective at 12:01 a.m. on Tuesday.

In separate advisories, Eastern Petroleum, Phoenix Petroleum, Pilipinas Shell, and PTT Philippines said they would raise the price of diesel and gasoline by 50 centavos per liter and 30 centavos per liter, respectively, effective at 6 a.m.

Pilipinas Shell will increase the price of kerosene by 45 centavos per liter, also at 6 a.m. JORDEENE SHEEX LAGARE


 

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