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7th oil price hike in 7 weeks
By Fernan Angeles PUMP prices of petroleum products seemed increasing week after week. In fact, the last seven weeks saw petroleum companies imposing hikes on a weekly basis – and another one is about to take place on Tuesday. In its fuel price forecast for the December 15 to 21 trading week, Unioil Petroleum Philippines…
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Another round of oil price hike
By Fernan Angeles PETROLEUM companies are imposing another increase in the pump prices of petroleum products, the second in two weeks. In their advisories sent to the media, Pilipinas Shell Petroleum Corp. is imposing P0.20 per liter increase in the price of gasoline, P0.05 for diesel and P0.45 for kerosene. Petro Gazz also announced increasing…