Pilipinas Shell Petroleum Corp. and Seaoil Philippines Corp. on Monday said that they will raise the prices of gasoline by P0.35 per liter, diesel by P1.40 per liter and kerosene by P1.20.
Cleanfuel will make the same price adjustments except for kerosene which it does not carry.The adjustments will take effect at 6 a.m. on Tuesday, May 16. Cleanfuel will adjust its pump prices at 4:01 p.m. on the same day.The Department of Energy earlier said pump prices will increase this week with the decline in the inventory in the United States.
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