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Domestic pump prices would go up by as much as P0.70 per liter effective 6am Tuesday, September 3, 2024, to reflect the movement of prices in the world oil market.
Seaoil Philippines, PetroGazz, Jetti Petroleum and Caltex issued advisories of the latest oil price hike. LPG prices are adjusted every first day of the month while petroleum prices are adjusted every Tuesday. “But the economic worries in the US and China overshadow supply risks that made prices bearish,” Romero said.
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