Another oil price hike set for Tuesday

Robie de Guzman

MANILA, Philippines – Local pump prices of petroleum products are set to go up anew this week.

In separate advisories, Pilipinas Shell Petroleum Corporation, Flying V and Total said they will increase the prices of gasoline by P1.05 per liter, diesel by P0.85, and kerosene by P0.30 a liter.

Cleanfuel and Petro Gazz also announced they will implement the same price changes, excluding kerosene which they do not carry.

The oil firms said this price changes will take effect on Tuesday, June 23.

Other oil companies have yet to announce any price movement for the week.

This is the seventh consecutive week that prices of diesel and kerosene will go up, while the cost of gasoline will be increased for the third straight week.

The post Another oil price hike set for Tuesday appeared first on UNTV News.