Oil firms will increase the price of diesel by 55 centavos per liter and gasoline by 70 centavos per liter on August 16, Tuesday.
Flying V will adjust prices at 12:01 a.m. on August 16. Pilipinas Shell Petroleum, PTT Philippines, Phoenix Petroleum Philippines, Unioil, Seaoil and Eastern Petroleum will hike prices at 6 a.m. on August 16.
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