MANILA, Philippines — Two days after Malacañang lifted the price caps on fuel, Pilipinas Shell Petroleum Corp., Petron Corp. and three small oil companies began raising their prices—diesel by P2 a liter, gasoline by P1.25 to P1.50 a liter and kerosene by P1.50 a liter.
The liquefied petroleum gas (LPG) of Pilipinas Shell and Petron will go up by P2 a kilogram.
Pilipinas Shell, Petron, Eastern Petroleum Corp. and Flying V Philippines Tuesday said the price increases would take effect at their gas stations at 12:01 a.m. Wednesday.
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