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Friday, March 29, 2024

Fuel prices go up anew

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GASOLINE prices went up by P0.10 per liter effective Tuesday to reflect what industry officials said was the movement in the prices in the world market.

But the oil firms did not move diesel and kerosene prices.

Companies that implemented the oil prices include Seaoil Philippines, PTT Philippines, Flying V, Unioil, Eastern Petroleum, and Phoneix Petroleum.

Last week, the oil firms cut pump prices by as much as P0.65 per liter to reflect the oversupply and doubts over a production freeze by the Organization of Petroleum Exporting Countries.

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