Vehicle owners using diesel fuel will benefit from a relatively hefty price rollback of P2.15 per liter this week, while gasoline users will just experience marginal price decline of P0.40 per liter, as announced by the oil companies. For kerosene, which is an essential commodity for the aviation...
Filipino motorists will have extended "happy days" next week, as prices at domestic pumps will be on fresh round of rollback by Tuesday, Nov. 22, based on the calculations of the oil companies. Industry players estimated that the price of diesel will go down by P2.10 to P2.40 per liter, while...
Oil firms are implementing P0.90 per liter increase on gasoline prices while diesel prices are being reduced by P0.30 per liter. Kerosene, which is the other product in the triumvirate of weekly price swings, is going up by P1.35 per liter, based on the pricing adjustment notices sent by the oil...
There will be an extended heavier financial burden on motorists filling up their vehicles with gasoline products next week, as the price of this commodity will rise again by P0.55 to P0.85 per liter, based on the calculation of the oil companies. For diesel products, there could be a marginal...
Filipino consumers can continue to breathe a sigh of relief, however tiny the rollback maybe, on their weekly fuel budgets as pump prices are due to come down again by Tuesday, Aug. 16, based on the calculation of the oil companies. According to the industry players, diesel prices will be reduced...
For the fifth time in a series of cost adjustments in the past two months, the pockets of consumers will be eased partly with the anticipated rollback in diesel and kerosene prices next week, but motorists using gasoline are not as lucky because the cost of this commodity will go up. Industry...
Filipino motorists can enjoy another week of less worry on their fuel expenses as oil companies implement their cost rollback at the pumps on Tuesday, July 26. In the cost adjustment advisories, oil companies announced that the price of diesel will be reduced by P1.85 per liter; while gasoline...
Filipino consumers will have another streak of luck next week on their fuel budgets as prices will be on another round of rollback, albeit modest, with diesel products anticipated to have heftier cost reduction of P1.80 to P2.10 per liter. Additionally, oil firms calculated price cut of P0.40 to...
As oil prices in the world market were on downtrend most days last week, Filipino consumers can enjoy short-term relief in their pockets with expected price rollbacks to be reflected at petroleum pumps on Tuesday, May 3. Based on the calculation by oil companies, the price of diesel will be cut by...
The ongoing geopolitical conflict in Eastern Europe would further complicate the lingering effects of the African Swine Fever (ASF) on consumer prices, the Department of Finance (DOF) said. In a DOF Economic Bulletin released on Sunday, April 24, Finance Chief Economist Gil S. Beltran said that the...
Consumer should brace themselves for further acceleration in prices as the Philippines continues to face inflationary pressures from both food and non-food items, the Department of Finance (DOF) said. Finance Chief Economist Gil S. Beltran said effects of the African swine fever (ASF) continues to...
The Department of Budget and Management (DBM) has released P3 billion to fund the government’s fuel subsidies for the public utility vehicle (PUV) and the agriculture sector. DBM Officer-in-Charge Undersecretary Tina Rose Marie L. Canda said on Thursday, March 10, that they released P2.5 billion...