(Update) Oil firms to hike pump prices Tuesday

MANILA-- Oil firms Pilipinas Shell Petroleum Corp., Seaoil Philippines Inc., Phoenix Petroleum Philippines, Flying V and PTT Philippines will hike diesel prices by 65 centavos per liter and gasoline prices by 45 centavos per liter on Tuesday following international trading prices.

In separate advisories, Flying V said it will move prices at 12:01 a.m., while Shell, Seaoil, Phoenix and PTT Philippines will increase prices at 6 a.m.

Shell, Seaoil and Flying V will also hike kerosene prices by 60 centavos per liter.

Source: Philippines News Agency