Oil price hike effective Christmas Eve
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NewsTranscript
00:00Oil companies will implement a fuel price hike effective tomorrow, a day before Christmas.
00:05Sea oil, Caltex and Shell will increase the price of gasoline by 50 centavos per liter.
00:11Kerosene will go up by 75 centavos per liter.
00:14And diesel will also increase by 1 peso and 45 centavos per liter.
00:19Clean fuel and petrogas will also have corresponding price adjustments for their diesel and gasoline.
00:25Other oil companies are expected to announce their pump price adjustments soon.
00:29For more information, visit www.fema.gov