MANILA, Philippines – Local prices of petroleum products will increase this week.
In separate advisories, Pilipinas Shell Petroleum Corp. and SEAOIL Philippines announced that the price of their diesel will go up by P1.15 per liter, and kerosene by P1.05.
Gasoline prices will remain unchanged.
Petro Gazz also said it will implement the same amount of adjustment except for kerosene which it does not carry.
The oil price hike is effective 6 a.m. on Tuesday, December 24.
Other oil companies have yet to announce any price movement for this week.
This marks the second consecutive week of price hikes for diesel and kerosene.