Pilipinas Shell Petroleum Corp. has raised the price of its premium gasoline by P1.40, regular gasoline by P1, kerosene by 70 centavos and diesel by 55 centavos a liter effective Tuesday.
Shell said the increases reflected the upward movement of fuel prices in the global oil market.
Eastern Petroleum also announced that effective 6 a.m. Tuesday, it will increase the price of its diesel by 55 centavos per liter, unleaded and premium gasoline by P1.40, regular gasoline by P1 and kerosene by 75 centavos.
Other oil companies are expected to follow suit. Amy R. Remo
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