MANILA, Philippines — Oil companies raised pump prices for the fourth week in a row, this time by 80 centavos per liter for diesel and gasoline as crude oil output remained constrained.
Caltex increased prices at 12:01 a.m. while Petron, Shell, Seaoil, Total, Phoenix and PTT followed at 6 a.m.
Petron, Shell, Caltex and Seaoil also raised prices of kerosene by 85 centavos per liter. Dubai crude oil was pegged at $72.07 per barrel as of Sept. 14, climbing from $69.71 per barrel a week earlier.
—RONNEL W. DOMINGO
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