The squeeze on consumers’ pockets will continue next week, as the oil companies are anticipating new round of increase in the prices of diesel and kerosene products. Based on the outcome of whole week trading in the regional market, the industry players estimated that the price of diesel products...
The squeeze on consumers’ pockets will continue next week, as the oil companies are anticipating new round of increase in the prices of diesel and kerosene products. Based on the outcome of four-day trading in the regional market, the industry players estimated that the price of diesel products...
Consumers filling up their vehicles with gasoline products will feel very slight pinch on their pockets this week as the price of this commodity will rise by P0.10per liter; while diesel users will be luckier with P0.10 per liter rollback for the product. Meanwhile, for kerosene products which is a...
Consumers can hope for ‘no changes’ at domestic pump prices next week, or there could only be very marginal price adjustments, according to the calculation of the oil companies. As estimated by the industry players, the price of gasoline will either be unchanged or there will be slight rollback...
The year 2023 is ending with a bang for Filipino consumers at the pumps, as oil prices will incur significant increases, according to the calculation of the oil companies. As culled from the estimates of the industry players, gasoline prices will increase by P1.45 to P1.85 per liter; while diesel...
There is high probability that gasoline and diesel prices will not change next week, but consumers could expect rollback in kerosene prices by P0.45 to P0.85 per liter, according to the oil companies. Based on the industry players’ calculations, the cost movement for gasoline could either be a...
Consumers will have mixed emotions on their drive to the petroleum stations this week as the price of diesel will be on rollback; but for those filling up gasoline in their vehicles, they have to brace for marginal increase in their fuel purchases, based on the calculation of the oil companies....
Department of Trade and Industry (DTI) Secretary Alfredo Pascual is confident that the recent announcement of Saudi Arabia that it would cut down on oil production would not necessarily lead to an increase in the prices of basic commodities in the country. Trade Secretary Alfredo Pascual (RTVM...
Camarines Sur 2nd district Rep. LRay Villafuerte remains hopeful that the government's planned strategic petroleum reserve (SPR) would get off the ground before President Duterte ends his term on June 30, 2022. (Photo from LRay Villafuerte's Facebook) This, after the Chief Executive tapped a touted...
Camarines Sur 2nd district Rep. LRay said he is "disgusted" by the Department of Energy (DOE) officials' lack of urgency with their proposed strategic petroleum reserve (SPR), which could have eased Filipinos' worries over the raging Russia-Ukraine conflict. Camarines Sur 2nd district Rep. LRay...
House Deputy Speaker Mikee Romero claimed that the Department of Finance (DOF) can't block the proposed suspension of oil taxes, which he said would give Filipino consumers much-needed relief by way of fuel price cuts. (File photo/ MANILA BULLETIN) Romero, in a statement Wednesday, Feb. 23,...
So critical is the issue on skyrocketing pump fuel prices that Congress should be allowed to hold special sessions in order to help remedy the situation. House Deputy Speaker Mikee Romero (File photo/ MANILA BULLETIN) House Deputy Speaker and 1-Pacman Party-list Rep. Mikee Romero made this pitch to...
