Oil firms announced Monday another increase in fuel pump prices this week.
The oil companies are expected to implement a P0.55 per liter increase in gasoline, P0.55 per liter hike in diesel and P0.70 per liter increase in kerosene.
The price adjustment takes effect at 6 a.m. of Tuesday, December 21.
This is the second consecutive price increase in petroleum products for the month.
Last week, gasoline prices went up by P1.60 per liter, diesel by P1.35 per liter and kerosene by P1.20 per liter.
These resulted to the year-to-date adjustments to stand at a total net increase of P17.30 per liter for gasoline, P14.40 per liter for diesel and P11.69 per liter for kerosene.
Other oil firms are expected to also adjust prices of their petroleum products soon.
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