Tuesday, September 26, 2017

Oil firms raise pump-prices



By Lenie Lectura -  September 25, 2017

OIL companies announced on Monday they will implement a price increase in diesel and kerosene to reflect movements in the international market.
Eastern Petroleum Corp. and PTT Philippines will hike the price of diesel by P0.45 per liter at 6a.m. on Tuesday, September 26.
Seaoil Philippines will also implement the same price adjustment in diesel. At the same time, it will also increase kerosene prices by P0.65 per liter. The oil firm will also implement the price hike at 6a.m.
Other oil firms are expected go follow suit.
There is no change the price of gasoline, they said.
Last week, no price adjustment took effect.
The previous price adjustment was last September 12 when gasoline prices shoot up by P0.45 per liter, diesel by P1.30 per liter and kerosene by P0.90 per liter. This was the seventh consecutive week of price increase.

No comments:

Post a Comment