Oil firms announce hefty fuel hike on Tuesday

By Ben Gines Jr.

Mar 15, 2022 12:11 am

OIL companies will implement a major oil price hike on Tuesday, the heftiest so far in 11th straight week of increases, with domestic pump prices already breaching more than P80 per liter in some areas.

In separate advisories released on Monday evening, Petron and PTT Philippines, Flying V and Seaoil said they will implement the following price increases: P13.15 per liter for diesel, P7.10 per liter for gasoline and P10.50 per liter for kerosene. The price movement is effective today, March 15, at 6 a.m.

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