Oil companies will impose a big-time price hike on Tuesday, October 11, with the cost of diesel going up by P6.85 per liter.
In separate advisories, Shell and Clean Fuel said that the price of gasoline will increase by P1.20 per liter.
Shell said it will also raise the price of kerosene by P3.50 per liter.
The price increase announcement follows several weeks of price rollbacks. Last week, oil firms reduced the pump prices of gasoline by P0.40 per liter, diesel by P0.45 per liter and kerosene by P0.85 per liter.BLOG COMMENTS POWERED BY DISQUS