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Oil prices up today

Oil companies will increase gasoline prices by P1.50 per liter and diesel prices by P1.20 per liter today, following the trend in global markets last week due to the upcoming meeting of Organization of the Petroleum Exporting Countries to discuss the production cap Monday.

Oil price cut

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According to separate advisories yesterday, Pilipinas Shell Petroleum Corp. and Phoenix Petroleum Philippines will apply the reduction at 6 a.m.

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