Oil firms implement a hefty hike in fuel prices

Fuel pump closeup. STORY: Oil firms implement a hefty hike in fuel prices

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MANILA, Philippines — Oil companies announced huge price hikes this week starting on Tuesday morning.

The pump price of gasoline will go up by P2.70 per liter, while that of diesel will increase by P6.55 per liter and that of kerosene by P5.45 per liter.

These oil companies, which implemented the hefty increase include Seaoil, Flying V, Petron, and Phoenix Petroleum Philippines.

—ROY STEPHEN C. CANIVEL

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