Oil firms hike prices

Credit to Author: Tempo Desk| Date: Mon, 06 Jan 2020 09:13:13 +0000

Local oil companies have increased prices of diesel and kerosene as oil prices in the world market suddenly increased last Friday following the death of a top Iranian general.

Diesel went up by P0.40 per liter contrary to the expected lower price increase of just P0.10 to P0.20 per liter.

Kerosene increased by P0.30 per liter.

On the other hand, gasoline prices went down by a leaner P0.10 per liter.

Oil firms that have adjusted prices were Pilipinas Shell Petroleum Corp., Seaoil, Cleanfuel, PetroGazz, Phoenix Petroleum, and Eastern Petroleum.

These adjustments are effective 6 a.m. today. The
http://tempo.com.ph/feed/