Petroleum prices increase anew
Oil firms announced another round of price hikes, marking the second consecutive week of increases of petroleum products, according to a report by GMA News.
In separate advisories, Pilipinas Shell Petroleum Corp. and Seaoil Philippines Inc. said they will hike prices per liter of gasoline by P0.85, diesel by P0.30, and kerosene by P0.25.
Cleanfuel and Petro Gazz will implement the same adjustments, excluding kerosene which they do not carry.
The changes will take effect 6 a.m. on Tuesday, January 12, except for Cleanfuel which will implement the changes 4:01 p.m. the same day. Other firms have yet to make similar announcements.
Prior to Tuesday's adjustments, year-to-date adjustments stand at a net increase of P0.45 per liter for gasoline, P0.30 for diesel, and P0.40 for kerosene.
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