Pump prices are set to rise as May comes to a close.

Local oil firms announced that the price of gasoline and diesel will go up by Php 0.40 per liter while kerosene will increase by Php 0.30 per liter.

Shell Pilipinas Corporation, Petro Gazz Ventures Philippines Corp., Caltex Philippines, SEAOIL Philippines, Inc, and Jetti Petroleum Inc will implement the price adjustments starting 6:00AM on Tuesday, May 28.

Meanwhile, Cleanfuel will apply the price increase at 4:01PM on Tuesday.