Oil companies raise price of LPG

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OIL companies on Monday raised the prices of LPG.

Petron Corp. increased the price of LPG by P0.85 per kilogram and its Auto LPG by P0.48 per liter, effective 6 a.m. on May 1.Phoenix LPG Philippines Inc., meanwhile, increased the price of Super LPG by P0.95 per kilogram and Auto LPG by P0.48 per liter effective 12:01 a.m.Solane, on the other hand, hiked the price of its LPG by P0.82 per kilogram, also effective 6 a.m.

Last April, oil firms slashed the cost of cooking gas by P9.20 per kilogram.Meanwhile, oil companies will lower their pump prices today, Tuesday, May 2.Shell Pilipinas and Seaoil cut the price of gasoline by P1.50 per liter, diesel by P1.30 per liter and kerosene by P1.40 per liter.The price adjustment takes effect at 6 a.m.Petro Gazz and Cleanfuel will implement the same price adjustments except for kerosene which they do not carry.

 

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