Oil firms raise fuel prices anew


Posted at Apr 19 2011 08:13 AM | Updated as of Apr 19 2011 08:22 PM

MANILA, Philippines – As expected, oil firms increased fuel prices anew this Holy Week.

Pilipinas Shell Petroleum Corp. and Chevron Philippines increased prices of unleaded gasoline by P0.60 per liter, regular gasoline by P0.70, kerosene by P0.40, and diesel by P0.25.

The adjustments took effect at 6 a.m. on Tuesday.

Shell said the adjustments were made to reflect the increase of international product prices including ethanol and CME costs.