MANILA, Philippines — Local oil companies cut pump prices of diesel by 20 centavos per liter but raised those of gasoline by 15 centavos per liter as worse-than-expected economic data from major economies dampened the global oil market sentiment.
Shell, Seaoil, Cleanfuel, Total and PTT announced price changes effective 6 a.m. Tuesday. Shell and Seaoil also cut prices of kerosene by 25 centavos per liter.
—Ronnel Domingo
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