Fuel prices continue climb this week
OIL COMPANIES are raising the prices of gasoline, diesel and kerosene this week to reflect the movement of prices in the international market. Gasoline will rise by P0.65 per liter (/L), while diesel and kerosene will increase by P0.10/L. For most of the oil companies, the price adjustment will take place at 6:00 a.m. on Tuesday, March 26. Last week, oil companies raised the prices of petroleum products, with gasoline increasing by P1.45/L, one of the biggest price hikes in recent months. — Victor V. Saulon