Oil firms on Monday raised pump rates after two weeks of price cuts as producers regained their bullish sentiments, pushing up global prices.
Starting 6 a.m., prices of diesel went up by 85 centavos per liter while those of gasoline went up 65 centavos.
Those that have announced price changes included Pilipinas Shell, Flying V, Phoenix Petroleum, PTT Philippines, Eastern Petroleum and Seaoil Philippines. —Ronnel W. Domingo
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