Oil firms to raise gasoline, diesel prices Tuesday

Oil companies Shell, Petron, Phoenix Petroleum, and PTT Philippines will raise their product prices 6 a.m., Tuesday. GMA News' Julius Segovia reported that Shell would raise prices by:

• P1.30 per liter for gasoline,
• P1.45 per liter for kerosene, and
• P1.20 per liter for diesel.

Phoenix Petroleum will increase prices of gasoline by P1.30 per liter and diesel by P1.20 per liter. Petrol Price Watch, meanwhile, said Petron will implement a similar price hike, also starting 6 a.m. Tuesday. Another company, PTT Philippines, will similarly increase prices for gasoline and diesel. — Joel Locsin/DVM, GMA News