Gasoline prices get big hike on November 3, diesel and kerosene roll back
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Gasoline prices get big hike on November 3, diesel and kerosene roll back
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Gasoline prices will rise by around ₱3.50 per liter November 3, even as diesel and kerosene see rollbacks. The BSP expects October inflation, due Nov. 5, to settle between 7.1% and 8.1%, with third-quarter GDP data set for release on Nov. 9. Five Sy siblings saw their combined net worth climb by $600 million in October, while Enrique Razon Jr., the country’s richest man, lost an estimated $1 billion. Follow for more Philippine business updates. | via Sachiko Gamboa, bnc.ph
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Gasoline prices will rise by around ₱3.50 per liter November 3, even as diesel and kerosene see rollbacks. The BSP expects October inflation, due Nov. 5, to settle between 7.1% and 8.1%, with third-quarter GDP data set for release on Nov. 9. Five Sy siblings saw their combined net worth climb by $600 million in October, while Enrique Razon Jr., the country’s richest man, lost an estimated $1 billion. Follow for more Philippine business updates. | via Sachiko Gamboa, bnc.ph
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Gasoline (also known as petrol) is a clear, flammable liquid made from crude oil that powers internal combustion engines. [1] (https://en.wikipedia.org/wiki/Gasoline), [2] (https://www.eia.gov/energyexplained/gasoline/), [3] (https://iranetrade.com/blog/what-is-gasoline/)What is Gasoline Made Of?Hydrocarbons: It is a mix of hundreds of organic compounds containing carbon and hydrogen.Additives: Refineries add chemicals to clean engines, prevent knocking, and add color or scent.Ethanol: Many regi
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