Oil firms to raise prices by over P1

Credit to Author: The Manila Times| Date: Mon, 25 Feb 2019 10:10:37 +0000

OIL companies will raise prices of petroleum products by more than a peso effective on Tuesday, making it the third consecutive increase early this year.

Prices of diesel and gasoline will jack up by P1.45 per liter each, while the cost of kerosene will climb by P1.35 per liter.

Firms that have announced an upward adjustment were Caltex, Petro Gazz, and Pilipinas Shell. Other firms are expected to follow suit. JORDEENE B. LAGARE

 

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