Oil wholesalers announced on the 7th that they would raise petroleum product prices all at once. Shell, a major foreign-affiliated wholesaler, and Sea Oil, a major domestic emerging company, will raise gasoline prices by 40 centavos per liter, diesel by 1 pesos centavos, and kerosene by 1 pesos centavos by 25 centavos. According to the price movements of petroleum products announced by the Ministry of Energy in the January-February quarter, gasoline prices rose by an average of 5 pesos 30 centavos, while diesel oil prices fell by 2 pesos 40 centavos. (6th, Inquirer)
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