2 oil firms raise product prices

For the fourth straight week, at least two oil firms raised the prices of their products. Petron and Shell said the price hikes, which will take effect by 6 a.m., covered regular gasoline, diesel, premium gasoline and kerosene, radio dzBB's Manny Vargas reported. In a post on its Twitter account, Petron said the price hikes included:

• P1.15 per liter for regular gas
• 95 centavos per liter for premium gas
• 70 centavos per liter for kerosene
• 65 centavos per liter for diesel

The dzBB report said Shell announced a similar price hike for its products. Last week's price hikes had included:

• P1.20 per liter for premium gasoline, diesel and kerosene
• P1.10 per liter for regular gasoline.

— DVM, GMA News