Oil firms hike prices: P1.20 per liter for gasoline

Oil retailers will impose a new round of price hikes effective on Feb. 17 with Seaoil, Jetti Petroleum and Caltex announcing a P1.20 per liter increase in the price of gasoline, marking six consecutive weeks of upward adjustments. The prices of diesel and kerosene will also go up by 60 centavos a liter, with both