Gasoline resumes hike; kerosene down
OIL COMPANIES will increase the price of their gasoline products by P0.20 per liter (/L) this week, reversing last week’s reduction that followed several weeks of increases. The adjustment reflects the movement of prices in the international market. The price of diesel will be unchanged while that of kerosene will be down by P0.15/L. Most retailers will impose the price adjustment at 6:00 a.m. today, Oct. 17. — Victor V. Saulon