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Oil price hike set for Tuesday, Dec. 1

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MANILA, Philippines – Local pump prices of petroleum products will be adjusted anew this week, several oil companies announced.

In separate advisories, Pilipinas Shell Petroleum Corp., and Seaoil Philippines Inc. said they will increase the prices of gasoline by P1.15 per liter, diesel by P1.10, and kerosene by P1.10.

Shell, however, said that price freeze on kerosene will hold in areas under a state of calamity.

Petro Gazz, Cleanfuel and Phoenix Petroleum also announced the same amount of price changes except for kerosene which they do not carry.

The oil price increase will take effect on Tuesday, December 1.

Other oil firms have yet to make similar announcements for the week.

The post Oil price hike set for Tuesday, Dec. 1 appeared first on UNTV News.


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