GASOLINE and diesel pump prices went up by P0.40 per liter and P0.30 per liter, respectively, starting Tuesday to reflect the movement in world oil prices.
Petron Corp., Seaoil Philippines, PTT Philippines, Phoenix Petroleum, Flying V and Unioil Philippines issued separate advisories on the price cut.
PTT Philippines said in its advisory it is implementing the price increase effective 6 a.m. today.
Oil prices went up on continuing anticipation of the production freeze among the Organization of Petroleum Exporting Countries and non-Opec countries.
The Energy department said only cooking gas and kerosene prices were covered by any price freeze during state of emergency.
Last week, the oil firms cut pump prices by P0.50 per liter for diesel and P0.35 per liter for kerosene.
The oil firms, however, did not move gasoline prices.
Last August 30, the oil firms raised gasoline prices by P0.50 per liter, diesel by P0.15 per liter and kerosene by P0.20 per litter.
Diesel prices in Metro Manila currently range from P24.90 to P30.05 per liter while gasoline sells from P35.50 to P45.05. Kerosene, meanwhile, sells from P28.45 to P39.65 per liter.
Pump prices vary depending on the brand, location of the station and market forces.
