MANILA – After four consecutive weeks of rollbacks, oil firms on Monday announced a hike in pump prices of petroleum products to take effect this week.
In an advisory, Pilipinas Shell Petroleum Corp. said it will hike prices per liter of gasoline by P0.90, diesel by P0.55, and kerosene by P0.85.
Petro Gazz will implement the same changes, excluding kerosene.
The changes will take effect 6 a.m. today, Tuesday, Feb. 12.
Other firms have yet to announce price adjustments for the week as of posting time.
According to the latest data available from the Department of Energy (DOE), gasoline prices in the country currently range from P42.10 to P56.39, diesel from P37.10 to P46.82, and kerosene from P42.97 to P51.30. (GMA News)