Feb 042013

MANILA, Philippines – Oil companies on Tuesday morning hiked pump prices anew.

Shell, Petron and Flying V increased by P1.05 liter the prices of premium and unleaded gasoline.

The oil companies also raised the prices of their regular gasoline products by 75 centavos per liter and diesel and kerosene by 54 centavos per liter.

The price increases were implemented 6 a.m. Tuesday.

The three oil companies said the latest adjustments are based on the prices of petroleum products in the world market.

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