At least two senators have expressed support for President Marcos ' move to extend fuel subsidies to sectors severely affected by potential oil supply disruptions in the Middle East due to escalating tensions between Israel and Iran. Senator Raffy Tulfo, who chairs the Senate Committee on...
Land Transportation Franchising and Regulatory Board (LTFRB) Chairperson Teofilo Guadiz III clarified on Friday, July 20, that the proposed fare increase for public utility vehicles (PUVs) has not yet been approved. Guadiz said that any adjustment to current fare rates “remains on hold” as the...
Recognizing that the ongoing tensions between Israel and Iran would eventually hit oil prices, President Marcos said fuel subsidies will be given to those who will be heavily affected. The government, Marcos said, will replicate what it did during the Covid-19 pandemic, where fuel subsidies were...
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...
Travelers looking for a quick getaway during the rainy season can expect cheaper plane tickets next month after the Civil Aeronautics Board (CAB) slashed the fuel surcharge to its lowest level this year. In an advisory, CAB announced that the fuel surcharge will fall to Level 3 in June from the...
Barangay Ginebra crushed Phoenix, 119-112, to notch its second straight victory in the PBA Season 49 Philippine Cup at the PhilSports Arena in Pasig City Friday evening, May 16. Inspired by their commanding win over Converge in Pampanga, the Kings asserted their dominance by leading as many as 22...
Holy Week trips are done, and so are the rollbacks at the gas stations. Starting Tuesday, April 22, expect gasoline prices to rise by ₱1.35 per liter, while diesel will increase by ₱1.30 per liter. Kerosene will also climb by ₱1.10 per liter. Shell Pilipinas, Seaoil, PetroGazz, CleanFuel,...
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...
Independent senatorial candidate Bam Aquino will propose for a fuel voucher program for fisherfolk to alleviate the fuel expenses for their motorized boats. Former senator Bam Aquino speaks to fishermen during a dialogue meeting in Sapian, Capiz. (Bam Aquino Media Bureau) This, Aquino...
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....
