Petron Corp. and Seaoil Philippines implemented upward price adjustments on their fuel products 6 a.m.Tuesday, April 15, 2014.
In separate statements, both companies said price of their gasoline will increase by Php 0.60 per liter, diesel by Php 0.10 per liter, and kerosene by Php 0.25 per liter.
The companies attributed the price hikes to movements in the international oil market and biofuels.
Meanwhile, PTT Philippines also implemented price increase on its fuel products.
In an advisory, the oil company said price of its gasoline will increase by Php 0.60 per liter and diesel by Php 0.10 per liter.
The upward price adjustment is due to similar movements in the price of oil products in the international market. PNA