Oil firm joins new round of price hikes

MANILA, Philippines—Following the move of major oil players, PTT Philippines have raised prices of gasoline by P1 a liter, and diesel, by P0.50 a liter, effective 12:01 a.m. Wednesday.

On Tuesday, Petron Corp., Pilipinas Shell Petroleum Corp., Chevron Corp., Eastern Petroleum Corp., Flying V Philippines and Seaoil led the new round of price increases. [Read Full Story]

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