P1 PRICE INCREASE IN PETROLEUM PRODUCTS STARTING TUESDAY
More than one peso would be added in petroleum products starting Tuesday, February 26, announced by oil companies.
Shell, Petro Gazz, Caltex and SEAOIL will add one peso and forty-five centavos (P1.45) in per liter of gasoline and diesel.
Shell, Caltex and SEASOIL will also impose one peso and thirty-five centavos (P1.35) increase in per liter of kerosene.
All of the changes in prices will be effective before 6 in the morning aside from Caltex which would later at midnight. This is the third consecutive week price increase in oil.