Oil firms hike pump prices anew

MANILA, Philippines - Oil firms increased the prices of fuel on Tuesday morning.

Petron, Chevron, Shell and Flying V hiked the price of gasoline by 60 centavos per liter at 6 a.m.

The four oil companies also increased the prices of their diesel by 70 centavos per liter and kerosene by 50 centavos per liter.

Phoenix Petroleum also implemented the same price increases except for kerosene.

The latest price adjustment followed the oil firms' price increase on Tuesday last week.

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