MANILA, Nov. 24 -- Prices of gasoline will be rolled back by PHP0.20 per liter on Tuesday, but diesel prices will increase by PHP0.60 per liter and kerosene by PHP1.30 per liter.

In an advisory, Seaoil said it will implement the price adjustments effective 6 a.m. on Nov. 25.

The price cut in gasoline prices ended the seven consecutive weeks of hikes, while it will be the fifth straight week of price increase for diesel.

For kerosene, it will be the first after two weeks of no changes, given the price freeze following Malacanang's declaration of a state of national calamity on Nov. 6 after the devastation caused by Typhoon Tino (Kalmaegi) in several areas nationwide.

Published by HT Digital Content Services with permission from Philipp...