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Seaoil to hike gasoline, diesel prices Tuesday


MANILA, Philippines – Independent player Seaoil Philippines on Monday announced it would increase its gasoline and diesel prices on Tuesday. In a text message to reporters, Seaoil spokesperson Rey Jimenez said that the oil firm will hike its gasoline prices by P0.50 per liter and its diesel prices by P0.25 per liter. Jimenez said the price hike will take effect 12:01 a.m. Tuesday. As of this posting, other oil firms have yet to announce whether they will likewise implement adjustments on their pump prices. - Sophia Dedace, GMANews.TV