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Friday, March 29, 2024

Pilipinas Shell, Phoenix jack up oil prices

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Pilipinas Shell Petroleum Corp. and Phoenix Petroleum Philippines raised pump prices by P0.85 per liter for gasoline and P0.80 per liter for diesel.

Shell also raised the price of kerosene by P1 per liter. The price increases took effect at 6 am February 24 (Tuesday).

Phoenix said the increase “reflect the continued upward movements in the prices of refined petroleum products in the world market.”

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