Oil firms raise prices anew

Posted at 09/02/2013 11:11 PM | Updated as of 09/03/2013 3:27 PM

MANILA (UPDATED) - Three oil companies raised pump prices on Tuesday. 

Petron, in an advisory, said its gasoline price will rise by P1.25 per liter, kerosene will go up by P1.15 per liter, while diesel will climb by P1 per liter by 6 a.m. Tuesday

"This reflects movements in the international oil market caused by the ongoing geopolitical tensions in
the Middle East, particularly Syria," Petron said.

Shell implemented a P1.35/ liter increase for gasoline, P1.15 for kerosene and P1 for diesel.

PTT Philippines implemented a P1/ liter increase for diesel and P1.25/ liter increase for gasoline, at 12 noon, Tuesday.