Oil firms to raise pump prices on Holy Tuesday

MANILA Oil firms will implement increases in oil pump prices effective 6 a.m. on Holy Tuesday (March 27).

Seaoil, Eastern Petroleum, Phoenix Petroleum, PTT Philippines, Flying V, and Petron will implement a price hike of PHP1.15 for gasoline and PHP1.10 for diesel.

Seaoil, Flying V, Pilipinas Shell, and Petron have also announced a price increase of PHP1 for kerosene.

The firms said the price increases reflect movements in the international market.

Source: Philippine News Agency