Oil companies hike pump prices

Posted at 02/05/2013 10:11 AM | Updated as of 02/05/2013 10:11 AM

MANILA, Philippines - Several oil companies raised pump prices on Tuesday morning.

Petron Corp., Flying V and Shell increased the price of premium gasoline by P1.05 per liter at 6 a.m. Tuesday.

The price of regular gasoline went up by P0.75 per liter and diesel and kerosene by P0.45 per liter.

The price hike reflected movements in the international oil market.