Fuel retailers adjust pump prices

Posted at 04/15/2014 9:50 AM

MANILA, Philippines - Oil firms adjusted pump prices on Tuesday morning, ahead of the Holy Week holiday.

Oil firms Petron, Shell, PTT Philippines and Seaoil raised the prices of gasoline by P0.60 per liter and diesel by P0.10 per liter.

On the other hand, Petron, Shell and Seaoil reduced the price of kerosene by P0.25 per liter.

"This (price adjustment) reflects movements in the international oil market and biofuels," Petron said.