MANILA, Philippines – Local pump prices of petroleum products are expected to increase this week.
In an advisory, Pilipinas Shell Petroleum Corporation said it will hike the price of its gasoline by P1.75 a liter, kerosene by P1.00, and diesel by P1.10 per liter.
Petro Gazz also announced it will implement the same price adjustment, except for kerosene which it does not carry.
The oil firms said this price changes will take effect on Tuesday, June 9.
Other oil companies have yet to announce any price movement for the week.