Oil firms hike diesel prices anew

At least two oil companies are raising fuel product prices on Tuesday, citing movements in the world market. PTT on Monday night announced a price hike for its gasoline, diesel and kerosene products, radio dzBB's Paulo Santos reported. The price hikes are to take effect at 6 a.m. The PTT price hikes include: - 25 centavos per liter for gas - 55 centavos per liter for diesel - 35 centavos per liter for kerosene Meanwhile, Petroleum Price Watch said Shell, too, will be implementing a similar price hike, also effective 6 a.m. Tuesday. Last week, oil companies rolled back prices of gasoline but increased prices of diesel by 35 centavos per liter. — DVM, GMA News