With renewed collapse in global oil prices in the world market, Filipino consumers would be able to enjoy substantial financial relief on their fuel budgets, as the industry players are anticipating big-time rollbacks in pump prices next week. 27633 As calculated by the oil companies, gasoline...
Relief in consumers’ pockets will continue next week as the oil companies have calculated slight rollback in oil prices to be passed on at the pumps. 26204 Based on estimates, the price of gasoline will be reduced by P0.20 to P0.30 per liter; diesel by P0.35 to P0.45 per liter; while kerosene...
Oil firms implemented smaller P0.65 per liter this week, short of P0.10 to P0.15 per liter compared to their earlier estimates of P0.75 to P0.85 per liter set off by the industry players, prompting he Department of Energy (DOE) to seek explanation from the oil companies. For diesel prices, that had...
Due to demand softening because of rising Covid-19 infections triggered by the Delta variant, oil prices at Philippine pumps will be on a significant rollback next week, according to the oil industry players. 24613 Based on initial calculation, the price of gasoline may be reduced by P0.80 to P0.90...
After successive eight weeks of price hikes, prices at domestic petroleum pumps will finally be eased with rollbacks next week in the range of P0.65 to P0.95 per liter across products. Based on the calculation of the oil companies, gasoline prices will likely be trimmed by P0.85 to P0.95 per liter;...
The slight weakening of global oil demand recently will just trigger slight adjustments in pump prices next week amid pressure from the strengthening US dollar. 19872 Based on the calculation of the industry players, gasoline prices will likely be unchanged or it could redound to a price hike of...
With combined impact from the rising value of the US dollar and surging prices in the international market, big time hikes in fuel prices, particularly gasoline products, are due next week. Initial calculation by oil firms based on last week’s trading, gasoline prices could increase by P1.15 to...
Filipino motorists will need to cough up higher budget for their fuel consumption again next week as prices are anticipated to rise at the pumps. Oil companies said that diesel products could rise a heftier P0.55 to P0.65 per liter; while gasoline prices by a marginal upward adjustment of P0.10 to...
Filipino motorists will need to tighten their financial belts further, as pump prices are anticipated to go up again next week, according to oil companies. Based on initial computation, oil firms said the price of gasoline could increase by P0.60 to P0.70 per liter; diesel prices by P0.35 to P0.45...
Gasoline prices are being rolled back by P0.20 per liter this week, lower than the P0.40 per liter earlier calculation based on the movement of the Mean of Platts Singapore (MOPS) last week. The price of diesel, on the other hand, increased by P0.20 per liter, based on the price adjustment notices...
Filipino motorists will have to brace for mixed adjustments in pump prices next week, according to initial calculation of the oil companies. As estimated, gasoline prices will potentially go down between P0.45 to P0.60 per liter depending on the product’s grade; while diesel prices may go up...
Motorists can expect either a steady price for diesel next week or a measly rollback of P0.05 per liter, based on the initial calculation of the oil companies. Gasoline prices though will go up slightly by P0.20 to P0.25 per liter; while kerosene prices may go down by P0.20 to P0.25 per liter. This...