Oil companies raise pump prices on Christmas eve

Posted at 12/24/2012 8:40 AM | Updated as of 12/24/2012 8:48 AM

MANILA, Philippines – Gas companies have raised their pump prices one day before Christmas.

At 12:01 a.m. Monday, Shell increased the price of its unleaded gasoline by P0.50 per liter. It also raised diesel prices by P0.45 per liter, kerosene prices by P0.60 per liter, and regular gasoline prices by P0.55 per liter.

Petron also raised its prices for the same products by the same amount.

Meanwhile, at 6:00 a.m. PTT raised its gasoline prices by P0.50 per liter and its diesel prices by P0.45 per liter. Report from DZMM