News
Oil Prices Go Up for Yet Another Week
Today marks the seventh-straight week of oil price increases in the country as oil firms announce new big-time price adjustments.
Oil firms Caltex, Cleanfuel, Petro Gazz, Seaoil, and Shell announced in separate advisories that their gasoline prices will increase by PHP1.30 per liter and diesel by by PHP1.50 per liter.
Moreover, oil firms Caltex, Seaoil, and Shell also announced a PHP1.45 per liter increase for their Kerosene.
The new oil price adjustments also marks the second-straight week that oil prices in the country increased by over PHP1 per liter.
Oil prices in the world are also on the surge, as the US crude oil price is now at its highest since 2014. (GFB)
