MANILA, Philippines — Oil companies will again raise pump prices on Tuesday, January 27, as the global market reacts to recent geopolitical tensions and surge in demand by countries experiencing winter.
Seaoil and Cleanfuel announced that diesel prices will go up by P1.40 per liter, and gasoline by P0.40 per liter.
The cost of kerosene will increase by P0.80 per liter.
Last week, oil companies hiked diesel prices by P2.00 per liter, gasoline by P1.00 per liter, and kerosene by P1.50 per liter.