• CHERYL G. CRUZ
Prices of petroleum products will increase anew, effective tomorrow, Feb. 18, following a trifling rollback last week.
Oil companied announced over the weekend that diesel will increase by P0.40 to P0.60 per liter, gasoline by P0.50 to P0.70 per liter, and kerosene by P0.10 to P0.30/L.
The exact adjustments will be known today, Feb. 17, with price movements usually implemented every Tuesday.
The per-liter price of gasoline has been increasing since the start of this year, at a net upward adjustment of P3.25/L, with only two rollbacks logged, the first effective Jan. 28 at P0.80/L, and the second at P0.10/L last Feb. 11.
Last week, the price of diesel was also slashed by P0.10/L, and kerosene by P0.30/L. | CGC