By BusinessMirror - September 17, 2019
OIL firms raised pump prices Tuesday
morning as international crude prices rose last week.
Gasoline prices increased by P1.35
per liter, diesel by P0.85 per liter and kerosene by P1 per liter.
“These reflects movements in the
international oil market,” the oil companies said in separate advisories.
Petron Corp., Pilipinas Shell, PTT
Philippines, Phoenix Petroleum, Seaoil Philippines and Petro Gazz all
implemented their respective price adjustments at 6 a.m. of Tuesday.
The oil-price increase comes after
three consecutive weeks of price cuts on pump products.
Last week, local oil firms rolled
back gasoline by 50 centavos per liter, diesel prices by 10 centavos and
kerosene by 25 centavos.
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