Diesel price up by P4 per liter effective Aug 8

MANILA -Motorists have yet to get a reprieve from weeks of fuel price hikes, as local oil companies announced price increases of as much as P4 per liter---the highest such increase this year---effective on Tuesday, Aug. 8. In separate advisories, the oil firms said they would increase the price of diesel by P4 per liter and gasoline by 50 centavos per liter. The price of kerosene likewise rose by P2.75 per liter. Seaoil and Shell will implement the price adjustments by 6 a.m. on Tuesday, followed by CleanFuel at 4:01 p.m. This is the second consecutive week that hikes in the pump prices of petroleum products breached the P3 mark. According to Rino Abad, director of the Depart...Keep on reading: Diesel price up by P4 per liter effective Aug 8

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