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...
Filipino consumers are in for a tighter financial squeeze this week, as fuel products will be rising anew – and it will be a big-time hike of P1.15 per liter for gasoline products; and P0.60 per liter for diesel. The other commodity that will have higher prices in the triumvirate of product cost...
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...
As July enters its initial week, fuel budgets are not exactly coming in favorable to the pockets of consumers as oil prices are expected to climb again this week, especially for gasoline products, although a breather is due for kerosene products. 16823 As culled from the initial calculation of the...
Given incessant rally in global oil prices, Filipino consumers will have to brace for big-time price hikes next week, especially for gasoline commodity with anticipated increase of P1.05 to P1.15 per liter. 15198 For diesel products, the initial calculation of the oil companies would be a price...
As global oil prices inched higher to $73 per barrel at end of trading week, Filipino consumers will be squeezed further next week with domestic pump prices expected for heftier increases. Based on the calculation by oil companies, gasoline prices could climb P0.70 to P0.80 per liter; while diesel...
Filipino consumers will need to brace for another round of pump price hikes next week as global oil prices continue to rise, Initial estimates by industry players showed that gasoline prices could increase by P0.45 to P0.55 per liter; while diesel y P0.35 to P0.45 per liter. Kerosene product, which...
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 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 with gasoline-fed vehicles will have higher degree of financial torment in the coming week, as industry players are anticipating rise in prices for that commodity at the scale of P0.80 to P0.95 per liter. For diesel, the calculation of the oil companies would be a leaner price increase of...
LONDON (AFP) - Members of the oil cartel OPEC and their partners agreed Tuesday to raise output slightly in February and March, but only in Russia and Kazakhstan. Overall the amount of crude oil the group has voluntarily withdrawn from global markets is to decline from 7.2 million barrels per day...
It will be another period of added expenses for Filipino motorists next week as pump prices are anticipated to rise by P0.50 to P0.65 per liter across products. Based on the calculation of the oil industry players, gasoline prices will inch up by P0.50 to P0.60 per liter; while diesel will be...
