MANILA (AFX-ASIA) – Local oil companies are likely to jack up their pump prices for petroleum products this month as their import costs for crude continued to rise, the Department of Energy has warned the National Price Coordinating Council (NPCC). Businessman Raul Concepcion, who regularly monitors the movement of local oil prices, has estimated the…
PHILIPPINES: Further oil price hikes this month on rising crude costs
Posted on April 12, 2004 by EnergyAsia