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(UPDATE) Seaoil also to apply P1 oil price rollback

MANILA, Philippines – Independent oil player Seaoil Philippines will also trim down its gasoline, diesel, and kerosene prices by P1 per liter, reports said today.

With the move, Seaoil became the second oil firm to reduce pump prices, following major player Pilipinas Shell.

Seoil’s price adjustment will take effect 6 p.m. today.

Shell earlier announced a similar price increase, also effective 6 p.m. this day.

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