Monday, June 13, 2011

SHELL, CHEVRON INCREASE PRICES ON TUESDAY


By Amy R. Remo, Philippine Daily Inquirer

Pilipinas Shell Petroleum Corp. has raised prices of unleaded premium gasoline by 50 centavos a liter, diesel by 60 centavos per liter (cpl) and of kerosene by 40 cpl, effective today (Tuesday) to reflect the continued uptrend in the world oil market.

This was roughly the same as the estimates of the DoE which expected oil companies to raise prices of gasoline by 44 cpl and diesel by 60 cpl. [ FULL STORY ]