Gasoline Prices Increases by 1.50

Effective yesterday, the major oil players in the Philippines have implemented an increase of P1.50 per liter for diesel and kerosene and Php 1.00 per liter for gasoline prices.

The oil companies said that the increase of prices is based on the upward movement of the crude prices in the international markets.

The LPG Marketers Association (LPGMA) said that the price of Liquefied Petroleum Gas is expected to increase in the days if the prices in the world market continues to increase.