MANILA, Philippines, February 18 ------ Oil companies will raise their pump prices this week as energy sanctions against Russia and Iran triggered market reactions. Shell, Seaoil, Cleanfuel and Petrogazz said they will hike gasoline and diesel prices by P0.80 per liter. The cost of kerosene will go up by P0.10 per liter.
The price adjustments will be implemented on Tuesday, February 18.
Last week, oil companies lowered the prices of gasoline and diesel by P0.10 per liter, and kerosene by P0.30 per liter.
Source: manilatimes.net
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