Oil firms hike prices on Tuesday

Oil firms hike prices on Tuesday
Gas pump nozzles at one of the gas stations in Pasig City Photo By Monsi A. Serrano/THEPHILBIZNEWS

By Joann Villanueva

Several oil companies have announced they would implement price hikes effective 6 a.m. on Tuesday.

In advisories, PTT Philippines and Seaoil said price of their respective gasoline products will go up by P0.35 per liter.

Petro Gazz said price of its gasoline products will increase by P0.50 per liter.

Diesel products of PTT Philippines and Seaoil will be hiked by P0.60 per liter, while it is P0.75 per liter for Petro Gazz.

Seaoil will also raise kerosene price by P0.45 per liter.

The price adjustments are in line with the developments in the international market. (First published by PNA, Aug. 19, 2019)

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