By
Lenie Lectura - February 24, 2020
Oil firms said
Monday they will implement increases of P0.30 per liter for gasoline products,
P0.20 per liter for diesel and P0.35 per liter for kerosene.
The price adjustment
takes effect 6 a.m. of Tuesday, February 25.
Pilipinas Shell, PTT
Philippines, Total Philippines, Phoenix Petroleum, Seaoil Philippines and
PetroGazz announced the price adjustment on Monday morning.
The price adjustment reflects movements in the world oil market, they
said. Other oil firms are expected to follow suit.
Last week, gasoline
prices went up by P0.35 per liter, while diesel and kerosene prices went down
by P0.10 per liter each.
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