By
Lenie Lectura - June 18, 2019
LOCAL pump prices are
on the rise after three consecutive weeks of price rollback.
In separate
announcements on Monday, oil companies said they would increase gasoline prices
by P0.35 per liter, diesel by P0.20 per liter and kerosene by P0.20 per liter.
Seaoil Philippines,
PetroGazz, Phoenix Petroleum Philippines, Pilipinas Shell, Total Philippines
and PTT Philippines said the price increase will take effect 6 a.m. of Tuesday,
June 18.
“This is to reflect
movements in the international oil market,” they said.
Other oil firms are
expected to announce their price adjustment on Monday night.
Prior to this week’s
price increase, gasoline price went down by a total of P4.50 per liter, diesel
and kerosene by P4.20 per liter, respectively.
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