Petron and Shell will increase the price of their gasoline product by 10-30 centavos per liter effective Tuesday, 6 am.
The announcement said that the latest price hike reflects the movements in the international oil markets.
However, the price of their kerosene and diesel products will be rolled back.
Specifically, Shell’s kerosene per liter would have a price decrease of 20 centavos but Petron would have a lower rollback of only 10 centavos.
Moreover, the two company’s diesel products will be rolled back by 10 centavos per liter.
On June 1, Petron’s Liquified Petroleum Gas (LPG) prices increased by 15 centavos per kilogram and its auto LPG was raised by .008 centavos per liter. PNA