• CHERYL G. CRUZ
The pump prices of petroleum products will increase anew, starting on April 29.
Oil companies announced over the weekend that diesel may increase by P0.70 to P1 per liter, gasoline by P1 to P1.20/L, and kerosene by P0.50 to P0.80/L.
Exact adjustments will be known today, April 28.
This is the second straight week of per-liter increase, following upticks in the prices of diesel by P1.30, gasoline by P1.35, and kerosene by P1.10, effective April 22.
The price fluctuations reflect changes in the international oil market mostly due to global economic uncertainties and reduced export production, reports said. | CGC
