Oil firms are set to implement a major hike in the prices of petroleum products effective Tuesday, marking the second straight week of increases in the country.
In an advisory, Pilipinas Shell Petroleum Corp. said it will increase prices per liter of gasoline by P2.80, diesel by P2.25, and kerosene by P2.40.The changes will take effect at 6 a.m.
on Tuesday, January 24, for all the firms except for Cleanfuel which will adjust prices at 4:01 p.m. the same day.per liter of gasoline by P0.95, diesel by P0.50, and kerosene by P0.15.
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