Minimal oil price hike set this week

MANILA, Philippines — Oil firms will implement minimal movement on oil prices on Tuesday.

In separate advisories, CleanFuel, SeaOil and Shell, said that they will implement the following increase on fuel products:

SeaOil and Shell price adjustments will take effect at 6 a.m. on Tuesday, while adjustments for CleanFuel will be implemented at 4:01 p.m. on the same day. 

Some oil firms have yet to announce their price adjustments.

Last week, oil companies cut pump prices. There were price rollbacks of P0.10 per liter, P0.35 per liter, and P1.40 per liter on gasoline, diesel and kerosene products, respectively.