Oil companies will implement a big-time price hike on Tuesday, August 1, 2023, they announced on Monday.

In separate advisories, Pilipinas Shell, Petron, Chevron Philippines Inc. (Caltex), and Seaoil said they will raise the pump prices of gasoline by P2.10 per liter, diesel by P3.50 per liter and kerosene by P3.25 per liter.

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