Oil firms will raise pump prices for diesel and kerosene on Tuesday for the eight straight weeks as global supply tightened and as crude exporters expressed intent to prolong beyond 2018 an agreement to reduce output.
Starting 6 a.m., prices of diesel went up by 35 centavos per liter while those of gasoline went up by 50 centavos per liter.
Those that have announced price changes included Pilipinas Shell, PTT Philippines, Seaoil Philippines, Eastern Petroleum Corp., Flying V and Petron Corp.
Shell, Seaoil, Flying V and Petron also raised prices of kerosene by 60 centavos per liter. —Ronnel W. Domingo
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