MANILA, Philippines – Prices at the pump rose again as crude surged in the international market amid continued tensions between Iran and the West.
Eastern Petroleum Corp and Phoenix Petroleum Philippines Inc. led the latest round of price adjustments on Wednesday morning, delivering increases of P0.50 a liter across all products.
Total Philippines Corp. on Wednesday afternoon followed, saying it was implementing a similar increase across all petroleum products effective 12:01 am Thursday.
The latest adjustment represents the eight increase in prices this year.
source: interaksyon.com
