I was watching TV patrol World last saturday thru internet and I was suprised about the announcement of PIlipinas Shell and Total Philippines that they raised the prices of its diesel and kerosene by P1.50 pesos despite a sustained droop in international oil prices.
On the other hand, for the third time in eight days, Shell New Zealand and BP NZ already drop oil prices for another 4 cent a litre across all of its fuels making :
• Ultra 91= $ 206.9
• V-Power = $ 211.9
• Diesel = $183.9
Which means the prices are now 12 cents below record prices reached at the start of July.
Who’s telling the truth? As far as I know they based their prices according to the price of crude oil in the world market. Oh well!!