MANILA, Philippines — Oil companies will raise pump prices this week as the global market reacts to geopolitical developments.
Shell, Seaoil, Cleanfuel, and Petrogazz on Monday said that they will increase gasoline prices by P0.30 per liter and diesel by P0.20 per liter on Tuesday, January 13.
Meanwhile, the cost of kerosene will go up by P0.30 per liter.
Last week, oil companies lowered gasoline and kerosene prices by P0.10 per liter, and raised diesel prices by P0.20 per liter.
