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Oil companies lower pump prices

OIL companies lowered their pump prices on Tuesday after more than two months of price hikes.

Shell, Seaoil, PetroGazz, CleanFuel, Caltex, Jetti Petroleum, Phoenix Petroleum, Unioil, PTT, and Flying V cut the prices of gasoline and diesel by P0.20 per liter. Shell, SeaOil and Caltex also lowered the cost of kerosene by P0.50 per liter.