Tag page - petroleum prices

It is high time for Congress to pass a law institutionalizing transparency in the movements of petroleum prices to ensure the protection of rights and welfare of consumers.    Sen. Sherwin Gatchalian made the call following the recent decision of the Supreme Court upholding the Court of...

Leading oil firm Petron Corporation reported that its consolidated net income in the first quarter this year slightly dropped to P3.4 billion versus last year’s more upbeat bottom line of P3.6 billion due to higher financing cost. “The increase in financing cost was partly tempered by the...

House Deputy Speaker and Davao City 3rd district Rep. Isidro Ungab has backed President-elect Ferdinand "Bongbong" Marcos Jr.'s preference to give subsidies to the beleaguered transport sector instead of doing away with excise taxes on fuel amid skyrocketing petroleum prices. (File photo/ Ali...