Oil Hike Again

The prices of petroleum products raised again by oil companies’ yesterday morning because of its price movements in the international market.

In text messages submitted by Sea oil and Phoenix Petroleum, around six o’clock in the morning when it raised  70 ¢ per liter on diesel, 60 ¢ per liter on premium and unleaded gasoline and 50 ¢ per liter of kerosene.

Petron and Total Philippines followed to raise price that also carried a similar amount of increase in petroleum products.

The Shell Philippines on the other hand raised similar prices except on their premium gasoline.

November 20 was the last hike of oil prices in the local market.

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