Oil companies are poised to impose steep price increases this week as the country continues to feel the impact of the drone attacks on one of Saudi Arabia’s biggest oil facilities.

In separate advisories, Petro Gazz and Pilipinas Shell said the cost of gasoline would go up by P2.35 per liter, while the price of diesel will be increased by P1.80 per liter. The price adjustments will take effect on Tuesday at 6 a.m.

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