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Shell, Total to increase pump prices Tuesday


MANILA, Philippines - Two oil firms, including oil giant Pilipinas Shell, will jack up pump prices on Tuesday. In separate text message to reporters, Shell and small oil firm Total Philippines said they would increase the prices of their gasoline by P1.50 per liter, and diesel and kerosene by P0.50 per liter. Shell’s adjustment will take effect 12:01 a.m. Tuesday, while Total’s will take effect 6 a.m. “[The adjustments were] to reflect increased product cost," said Tata Villegas, Total’s corporate affairs executive. - Aie Balagtas See, GMANews.TV
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