Oil prices to go up anew on Tuesday

By Joann Villanueva

December 2, 2019, 7:49 pm

MANILA -- Several oil companies will increase prices of their respective fuel products effective 6 a.m. Tuesday.

In advisories, Seaoil, PTT Philippines and Flying V said they will raise the price of their gasoline products by PHP0.30 per liter and diesel by PHP0.65 per liter.

Seaoil and Flying V will also increase its kerosene prices by PHP0.50 per liter.

On Sunday, Petro Gazz said it will raise gasoline prices by PHP0.30 per liter and diesel by PHP0.65 per liter, also by 6 a.m. on Tuesday.

These upticks reversed the rollback in both the gasoline and diesel prices last November 26.

For diesel alone, the increase this week is the first after consecutive weeks of rollback since November 5, 2019.

These changes are in line with developments in the international oil market. (PNA)

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