Oil prices to go up Tuesday
Metro Manila (CNN Philippines, September 16) — Pump prices are set to increase by as high as ₱1.35 on Tuesday, reflecting movements in the global market.
The following companies have announced price adjustments effective Tuesday, September 16, at 6 am:
Shell
Gas: +₱1.35/L
Diesel: +₱0.85/L
Kerosene: +₱1.00/L
Phoenix Petroleum
Gas: +₱1.35/L
Diesel: +₱0.85/L
PTT
Gas: +₱1.35/L
Diesel: +₱0.85/L
Seaoil
Gas: +₱1.35/L
Diesel: +₱0.85/L
Kerosene: +₱1.00/L
Petro Gazz
Gas: +₱1.35/L
Diesel: +₱0.85/L
Cleanfuel (starting Wednesday, 12am)
Gas: +₱1.35/L
Diesel: +₱0.85/L
Energy Department Oil Industry Management Bureau Assistant Director Rodela Romero said the oil price increase this week is due to improving signals on the possible resolution of the US-China trade war and lower stocks of the United States.
This is a developing story. Refresh for updates.