QUEZON CITY, Philippines – Oil companies are set to impose a big-time price increase on oil products beginning Tuesday, May 15.
Motorists may expect a P1.10 per liter price increase on gasoline and P1.20 per liter increase on diesel.
There will also be price hike on kerosene at P0.95 per liter.
Oil players said the price hike is due to the movement of oil prices in the global market. – UNTV News & Rescue
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