Oil price hike set April 16
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00:00 Motorists will face higher fuel prices tomorrow as several companies have announced price increases.
00:06 Filipina Shell Petroleum, Sea Oil and Caltex will raise the prices of diesel 95 centavos per liter,
00:13 kerosene by 85 centavos per liter and gasoline by 40 centavos per liter.
00:18 Clean Fuel, Jetty, Petroleum Inc, Petro Gas, Uni-Oil and PTT Philippines will also implement similar price adjustments, excluding kerosene.
00:28 Meanwhile, the Department of Agriculture, or DA, has allocated 500 million pesos to provide fuel subsidies for farmers and fisherfolk affected by the rising prices.
00:39 Farmers with registered machinery can avail themselves of the fuel subsidy.