OIL conpanies will increase diesel prices by 95 centavos per liter and rollback gas prices by 70 centavos per liter on today.
In separate advisories, Pilipinas Shell Petroleum Corp. and Phoenix Petroleum Philippines said they will apply the new pump prices at 6 am.
Shell will also hike its kerosene prices by P1.05 per liter.
According to the Department of Energy’s Oil Monitor, as of Feb. 2, diesel prices range from P17.90 to P21.80 per liter, while having a common price of P19.30 per liter.
Gasoline prices, on the other hand, range from P32 to 44.36 per liter. It has a common price of P36.95 per liter.
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