Oil companies hiked
cooking gas prices again because of the higher contract price for liquefied
petroleum gas (LPG) abroad, although world oil prices plummeted toward $62 a barrel in
Asiantrade on Wednesday. In separate announcements, Petron Corp., Pilipinas
ShellPetroleum Corp. and Total
Philippines Corp. said they would increase their LPG prices by P1.40 a kilogram also on Wednesday. "This is to reflect the change in international contract prices for the month of July," said
Virginia...
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