Oil firms seen to hike pump prices

By Francis Earl Cueto

Feb 19, 2023 1:19 pm

Oil companies are expected to raise their pump prices this week because of Russia's decision to cut its oil output, the Department of Energy said.

Industry sources said that the cost of diesel may increase by P0.70 to P0.90 per liter, and gasoline by P0.50 to P0.70 per liter.

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