Oil companies were hit by members of Sentrong Samahan ng Tsuper at Operators-Negros yesterday for increasing oil prices that they claim are over and above their rollback price last month.

Its secretary general, Jesse Ortega, said premium gasoline increased its price by P1.80 per liter while diesel oil increased by P1.50, that he said, is unjustifiable because there was no movement in the prices of oil in the world market.

Ortega said, they are not yet planning to hold a protest on the continuous increase of oil prices, but will be vigilant in monitoring the changes.

Workers’ compensation exec
to lead benefits seminar today

The Executive Director of the Employee’s Compensation Commission Stella Banawis is expected in Bacolod City today for a seminar on the Employees' Compensation Program.

Ma. Victoria Mondragon, provincial director of the Department of Labor and Employment of Negros Occidental, yesterday said about 195 employers from various sectors like the big sugar plantations, business process outsourcing companies, manufacturing, and contractors’ groups are invited to the orientation.

Mondragon said the ECP has different packages of benefits for employees and dependents of private and public sector in case of work-related accidents, disability, injuries, sickness, or death.

Petron hikes rates

MANILA – A day after its competitors lifted the price freeze on oil products in selected areas earlier hit by massive flooding, largest oil refiner Petron Corp. followed at past midnight yesterday to impose the same level of pump price hikes that had earlier been enforced by its rival oil companies.

Petron said “it will be matching the price adjustments of competition in areas affected by the floods last week effective 12:01 a.m., August 21."

Oil firms on Monday morning implemented price hikes of P1.80 per liter on premium and unleaded gasoline, P1.70 per liter on regular gasoline, P1.60 per liter on kerosene and P1.50 per liter on diesel.

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