Tag page - fuel cost unbundling

A new cascade of financial pressure will be on consumers’ pockets this week as gasoline prices will be rising by P1.10 per liter; while diesel prices will go up by a marginal P0.20 per liter. Propitiously for kerosene products, there will be no cost movement this week, based on the pricing...

A new wave of financial pain could squeeze consumers’ pockets next week, as pump prices could be tracking new wave of increases – primarily for gasoline products, based on the initial calculation of the oil companies. As assessed by the industry players, the price of gasoline will likely rise...

The days of ‘secrecy’ in weekly oil price adjustments are numbered following the Supreme Court’s decision which upheld the fuel cost unbundling policy that the Department of Energy (DOE) initially attempted for implementation via a Circular in 2019. Relative to the high court ruling, former...