Monday, May 30, 2016

Oil companies to hike pump prices anew

by MB Online May 30, 2016 (updated)

Oil companies are set to hike pump prices on Tuesday, May 31, to reflect movements in the international petroleum market.
Seaoil said it will increase the price of gasoline by P0.35 per liter and diesel by P0.40 per liter.
It will also increase the price of kerosene by  P0.55 per liter.
Other oil companies are expected to adjust pump prices.
Last week, oil companies implemented a big hike in gasoline and diesel prices at P1.20 and P1 per liter, respectively.

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