Oil firms to raise pump prices

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MANILA, Philippines — Oil companies are set to raise their pump prices this week due to global developments.

Shell and Cleanfuel said that gasoline prices will go up by P0.45 per liter and diesel by P0.90 per liter.

The cost of kerosene will increase by P0.30 per liter.

The price adjustments will take effect on Tuesday, October 1.

Last week, oil companies raised the prices of gasoline and diesel by P1.20 and P0.20 per liter, respectively.

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