Seaoil to hike pump prices Monday

Small player Seaoil on Sunday announced that it would increase the prices of its pump products starting Monday morning. In a text message to reporters, Seaoil's spokesman Rey Jimenez said they would increase the prices of their gasoline, diesel and kerosene products by P0.25 per liter effective 6 a.m. Monday, October 12. The price adjustment however would not be implemented in provinces affected by typhoon "Pepeng," particularly Pangasinan, Cagayan, Isabela, Nueva Ecija, and Abra. - GMANews.TV