FOR ninth consecutive weeks, local oil firms will implement another price hike effective today.
Independent oil companies PTT Philippines, Total Philippines, Jetti Oil and Petro Gazz were the first to announce a P0.90 per liter price increase for gasoline starting 6 a.m. today.
They were followed by major oil firms Chevron Philippines, Pilipinas Shell and Petron Corporation.
However, prices for diesel and kerosene remain the same.
Energy sources said the gasoline price adjustment was due to movement in Mean of Platts Singapore (MOPS) and foreign exchange trading last week.