Oil companies set to implement price hike on March 20

QUEZON CITY, Philippines (Eagle News) — Big oil companies will hike prices of its oil products on Tuesday, March 20, in response to the movement of oil prices in the world market.

According to the Department of Energy (DOE), there will be an increase of 35 centavos per liter of diesel, and 10 centavos of gasoline starting Tuesday.

The price of kerosene will, however, go down 60 centavos per liter.