MANILA, Philippines (Eagle News) — Oil firms welcomed the new year by increasing their pump prices. Flying V, PTT Philippines, Pilipinas Shell Petroleum, Phoenix Petroleum Philippines, Unioil and Seaoil said the cost of gasoline increases by Php 0.70 centavos per liter and diesel by Php 0.60 centavos per liter starting Tuesday, January 3.
Flying V, Petron and Shell also announced that the price of kerosene is up by Php 0.55 centavos per liter.