Department of Energy (DOE) officer-in-charge Secretary Sharon Garin confirmed on Sunday, June 29, that four oil companies – Petron, Shell, Caltex, and Cleanfuel - have agreed to give fuel discounts to public utility vehicle (PUV) drivers affected by the volatility in oil prices. According to...
President Marcos has directed the Department of Energy (DOE) to closely monitor the impacts of the ongoing tensions in the Middle East on fuel prices in the country. Marcos told the DOE to monitor closely in order to provide the necessary government intervention if the situation worsens and...
Following the Easter weekend—a time that lifts spirits for many—fuel prices might rise, too, next week. Based on the latest trading on Mean of Platts Singapore (MOPS), gasoline could inch up by ₱1.30 to ₱1.60 per liter, while diesel could go up by ₱1.10 to ₱1.40 per liter. This could...
As motorists gear up for the Holy Week traffic rush, a drop in fuel prices offers some relief at the gas pumps for travelers taking advantage of the break. Effective Tuesday, April 15, gasoline prices will see a ₱3.60-per-liter drop, while diesel will go down by ₱3.30 per liter. Shell...
Motorists can expect a significant relief at the pump, with analysts projecting the year’s first ₱3 rollback in fuel prices. Based on the four-day trading average of the Mean of Platts Singapore (MOPS), gasoline is anticipated to drop by around ₱3.30 to ₱4 per liter, while diesel could get...
Motorists may face higher fuel prices at the start of April, requiring them to tighten their belts once again. Based on the four-day trading in Mean of Platts Singapore (MOPS), gasoline could increase by around ₱0.80 to ₱1.35 per liter, while diesel could spike by around ₱0.75 to ₱1.25....
Motorists will need to brace themselves as the streak of oil price rollbacks ends. Effective Tuesday, March 25, gasoline prices will increase by ₱1.10 per liter, while diesel and kerosene will go up by ₱0.40 per liter. Shell Pilipinas, Cleanfuel, Seaoil, and Petro Gazz are among the oil...
After a three-week streak of rollbacks, fuel prices may experience a hefty increase at the pump. Based on four-day trading in Mean of Platts Singapore (MOPS), gasoline may climb by around ₱0.60 to as high as ₱1.15 per liter, and diesel could increase by somewhere between ₱0.10 and ₱0.50....
Fuel prices are down in March, and with St. Patrick's Day ahead, motorists are hoping for a bit of luck with further price drops. Based on the four-day trading in Mean of Platts Singapore (MOPS) and the foreign exchange (forex) average, gasoline may continue to drop by around ₱0.10 to ₱0.40 per...
Motorists welcome the month of March with a fresh start and lower prices at the pump. Effective Tuesday, March 4, gasoline prices will decrease by ₱0.90 per liter; diesel, by ₱0.80 per liter; and kerosene, by ₱1.40 per liter. Shell Pilipinas, CleanFuel, PetroGazz, and Seaoil are among the oil...
March is right around the corner, and the chances of oil price rollbacks are likely. Based on the four-day trading Mean of Platts Singapore (MOPS) and the forex average, gasoline may cut back its prices somewhere around ₱0.80 to ₱1.20 per liter, while diesel could drop by ₱0.70 to ₱1.20 per...
Motorists will need to brace themselves again for another hit at the fuel pump. Effective Tuesday, Feb. 18, gasoline and diesel prices will go up by ₱0.80 per liter, while kerosene's will increase by ₱0.10 a liter. Shell Pilipinas, Clean Fuel, Seaoil, and Caltex are among the oil companies that...