Oil firms to impose big-time fuel price hike

MANILA, Philippines — Oil companies are poised to implement a big-time price hike this week.

Shell, Cleanfuel, Caltex, and Seaoil announced Monday that the prices of gasoline will go up by P2.65 per liter, diesel by P2.70 per liter and kerosene by P2.60 per liter.

The price adjustments will take effect on Tuesday…
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