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Market share shifts in favor of smaller players in Philippines

The cumulative fuel market share of top fuel retailers Petron Corp., Pilipinas Shell Petroleum Corp. and Chevron Philippines (Caltex), has shrunk to less than 40% in the first half of 2021, from more than 50% during the same period two years ago, according to the Philippine Department of Energy (DoE). Smaller market players cumulatively cornered […]

The post Market share shifts in favor of smaller players in Philippines appeared first on F&L Asia.

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