Oil firms hike gasoline, lower diesel and kerosene prices anew


Posted at Feb 09 2009 10:33 PM | Updated as of Feb 10 2009 06:33 AM

Several local oil companies announced price changes in the cost of their petroleum products effective Tuesday.

Pilipinas Shell Petroleum Corporation, Seaoil Philippine, PTT Philippines and Jetti made separate announcements that they will increase prices of their gasoline products by P0.50 per liter.

The same oil firms also said they implement a P0.50 price rollback in their diesel products.

Shell and SEAOIL will also cut cost of their kerosene by P1 per liter.

Shell and SEAOIL will implement their price adjustment starting 12:01 a.m. while PTT and Jetti will adjust their prices starting 6 a.m.