A new round of P1 per liter increase in pump prices of petroleum products was implemented Saturday morning.
Leading the pack was big oil company Pilipinas Shell Petroleum Corp., which raised prices of its fuel products by P1 per liter at 12:01 a.m.
Shell was followed by Petron Corp., Total (Philippines) Corp. and Chevron Philippines (formerly Caltex).
Petron increased the prices of its gasoline, diesel and kerosene by P1 per liter at 6 a.m.
Chevron also announced that the prices of its Caltex Gold and Silver, regular gasoline, Power Diesel, kerosene and fuel oil went up by P1 per liter at 6 a.m.
Total, meantime, increased the prices of its liquefied petroleum gas (LPG), gasoline, diesel, kerosene, and auto-LPG by P1 per liter.
Oil companies said the price adjustments were implemented due to the continuing surge in the prices of crude oil in the international market.
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