Pump prices up again for second week | Inquirer News

Pump prices up again for second week

/ 07:12 AM August 01, 2017

Pump prices of petroleum products went up again for the second week in a row as global market watchers saw hints of a rebound in worldwide demand.

Local oil firms raised prices as early as midnight of Tuesday, with that of diesel rising by 50 centavos a liter and of gasoline by 35 centavos a liter.

As of press time on Monday, companies that gave notice of price hikes included Flying V, Phoenix Petroleum Philippines Inc., Eastern Petroleum Corp., Pilipinas Shell Petroleum Corp., Seaoil Philippines Inc., and PTT Philippines Corp.

ADVERTISEMENT

Flying V, Shell, Seaoil, and PTT also raised kerosene prices by 40 centavos a liter.

Based on data from the Department of Energy, the price adjustments will bring prices of diesel in Metro Manila to the range of P28.83 to P34.05 a liter. —Ronnel W. Domingo

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: fuel prices

Your subscription could not be saved. Please try again.
Your subscription has been successful.

News that matters

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.