Local oil companies cut pump prices amid bigger global fuel stockpiles and a stronger peso effective 12:01 a.m. Tuesday. Petron, Shell and Seaoil lowered prices by 85 centavos per liter for gasoline, 55 centavos for diesel, and 55 centavos for kerosene. Phoenix and PTT said they would make similar cuts in their gasoline and diesel prices. Read More Forex News at Metisetrade News Desk
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