Latest round of oil price hikes lowest in 3 weeks
File photo MANILA - Oil companies will implement another price increase effective Tuesday morning but increments will be lower than the previous weeks. In separate advisories, Caltex, Cleanfuel, PTT Philippines, Seaoil, and Shell announced they would increase diesel prices by PHP1.65 per liter and gasoline prices by PHP0.50 per liter. Caltex, Seaoil, and Shell will also add PHP0.10 per liter on kerosene prices. Other oil companies are expected to follow suit. The price increments this week will be the lowest compared to the oil price hikes in the past three weeks, which had a weekly increase o...