By Eireene Jairee Gomez, Manila Times
In an advisory, Pilipinas Shell said it will increase the price of diesel by P2.60 per liter, kerosene by P2.80 per liter and gasoline by 70 centavos per liter at 6 a.m. Tuesday. Cleanfuel said it will raise the price of gasoline by 70 centavos per liter and diesel by P2.80 per liter at 4:01 p.m.
Seaoil will also increase the cost of gasoline by 70 centavos per liter, diesel by P2.60 per liter and kerosene by P2.80 per liter at 6 a.m. tomorrow.
Other oil companies are expected to follow suit.
The Department of Energy's Oil Industry Management Bureau Director Rino Abad earlier attributed the hefty increases in pump prices to higher US fuel consumption.
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