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 will get another round of price relief in the second week of March. Based on the four-day trading in Mean of Platts Singapore (MOPS) and the forex average, gasoline is anticipated to drop by somewhere around ₱1.40 to ₱1.70 per liter, while diesel could decline by ₱0.70 to ₱1.20....
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...
The Philippines is keen on becoming a major player in the production and usage of sustainable aviation fuel (SAF) to meet its jet fuel demand and establish export capacity, according to the Department of Transportation (DOTr). In a statement, the DOTr said the country has sufficient agricultural...
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...
Travelers should brace for costlier airfares next month after the Civil Aeronautics Board (CAB) raised the fuel surcharge level for both domestic and international flights. In an advisory dated Feb. 17, the CAB said the passenger and cargo fuel surcharge for domestic and international flights will...
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...
Oil prices will have a rollback this week, giving motorists a little more love and a little less money to spend at the pump. Effective Tuesday, Feb. 11, gasoline and diesel prices will have a P0.10 discount, while kerosene will reduce prices by P0.30. Shell Pilipinas, Seaoil, CleanFuel, Caltex, and...
Motorists may get a slight reprieve next week as oil prices are expected to continue their downward trend. Based on four days of trading on the Means of Platts Singapore (MOPS) and international oil markets, analysts predict gasoline prices may remain stable or decrease by ₱0.05 to ₱0.30 per...
House Speaker Martin Romualdez (Ellson Quismorio/ MANILA BULLETIN) House Speaker Martin Romualdez has led the filing of a measure that seeks to scrap excise tax on fuel products. Read in plenary on Monday night, Feb 3 was House Bill (HB)...