Gasoline prices up for 2nd straight week Tuesday; diesel and kerosene for 5th

Motorists will again be greeted by heftier pump prices of petroleum products, as those of diesel and kerosene will be hiked for the fifth straight week on Tuesday, and those of gasoline for the second.

In separate advisories, Pilipinas Shell Petroleum Corp. and Seaoil Philippines Inc. said they will hike prices per liter of gasoline by P0.25, diesel by P0.40, and kerosene by P0.60.

Petro Gazz will implement the same changes, excluding kerosene which it does not carry.

The changes will take effect 6:00 a.m. on Tuesday, December 8. Other firms have yet to announce similar changes for the week.

Latest data available from the Department of Energy (DOE) shows that year-to-date adjustments stand at a net decrease of P3.47 per liter for gasoline, P7.76 per liter for diesel, and P11.19 per liter for kerosene as of December 1.—AOL, GMA News