PTT PHIL TO HIKE GASOLINE, DIESEL PUMP PRICES

MANILA — PTT Philippines Corp. will hike diesel prices by Php 1.30 per liter and gasoline prices by Php 0.95 per liter Tuesday.

The new prices will take effect at 6:00 a.m., Feb. 23.

According to the Energy Department’s oil price monitor for Metro Manila as of Feb. 16, diesel prices range from Php 18.15-21.55 per liter. It has a common price of Php 20.85 per liter.

Gasoline, on the other hand, range from Php 29.90-37.70 per liter. It has a common price of Php 34.85 per liter.

For the year, diesel had a net decrease of Php 1.90 per liter and gasoline a cut of Php 3.28 per liter. PNA/northboundasia.com