Oil prices up by more than P1/liter this week

AFTER implementing a hefty rollback last week, oil firms will jack up the prices of petroleum products by an average of more than one peso effective on Tuesday.

The price of diesel will rise by 95 centavos per liter while the price of gasoline will increase by P1.15 per liter.

The price of kerosene will go up by 85 centavos per liter.

So far, industry players that have announced their price adjustments include Caltex, Flying V, Pilipinas Shell, PTT Philippines, Seaoil, and Total. JORDEENE B. LAGARE

 

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