Oil firms hike prices of gasoline, diesel and kerosene

Local oil companies on Monday said they would increase their pump prices of gasoline, diesel and kerosene on Tuesday, Jan 3, marking the first round of price hikes for these fuel products this year. In separate advisories, Petron Corp., Shell Philippines, Seaoil and Flying-V said they would raise their prices of gasoline by P2.90 per liter; diesel, by P2.10 per liter and, kerosene, by P3.05 per liter starting 6 a.m. on Tuesday. Caltex Philippines will increase its pump prices by the same amount but it will implement the adjustment earlier, at 12.01 a.m. also on Tuesday. Petro Gazz announced the same rates of increase for its gasoline and diesel also starting 6 a.m. Tuesday. It d...

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