Prices of gasoline, diesel rise by 70 centavos per liter

Oil companies raised pump prices of their products for the second successive week as the price of Dubai crude increased in the past week. Shell, Phoenix, Total, PTT, Seaoil, Eastern and Caltex announced a price increase of 70 centavos per liter of both diesel and gasoline. Prices of the bellwether Dubai crude, the import of choice for Asian countries, climbed to $64.04 per barrel on Feb. 14, from $61.65 on Feb. 11.