Consumers will have diverging fate at petroleum pumps this week, as those using diesel will be cheered with price rollback, while those filling up their vehicles with gasoline products will bear added financial pain in their pockets. Based on the advisories of the oil companies, the price of...
Israeli firm Ratio Petroleum Ltd. (Ratio) will reinvigorate exploration activities at Philippine waters, as the company is already scheduled to kick off 3D seismic survey this month at its awarded petroleum block within offshore East Palawan basin. The Department of Energy (DOE) announced that the...
An earlier-anticipated rollback in pump prices had been demolished after Friday (March 15) trading, hence, the prices of gasoline and kerosene commodities have been calculated to go up slightly next week, according to the oil companies. The industry players estimated that the price of gasoline...
Consumers will be perked up slightly next week, as oil prices will just be on modest rollback at the domestic pumps, based on the calculation of the oil companies. According to the industry players, the price of gasoline products will be trimmed by P0.55 to P0.95 per liter; while diesel prices will...
Motorists filling up their vehicles with gasoline products will feel some pinch in their pockets this week as the price of this commodity will increase by P0.50 per liter, according to the pricing advisories of the oil companies. Conversely, diesel products will incur a moderate rollback of P0.40...
Cooking fuel will come heavier on the budgets of households this week as the price of liquefied petroleum gas (LPG) will go up by P0.27 to P0.30 per kilogram (kg) for the month of March, as announced by the industry players. Leading player Petron Corporation, in particular, implemented LPG price...
Price hikes at the domestic pumps next week ended up slightly leaner after Friday (February 16) trading, due to softening of prices in the world market, according to the industry players. At end-week, the final calculation for price hike in gasoline products was still substantial at P1.20 to P1.60...
Huge cash will be burned at the pumps next week, as oil products are anticipated to be on hefty price hikes again by Tuesday (February 20), according to the estimates of the oil companies. On the calculation of the industry players, gasoline prices will rise by P1.40 to P1.90 per liter, while...
New round of financial torment will have to be endured by consumers this week as the price of diesel products will rise by a hefty P1.50 per liter; while gasoline prices will go up by P0.75 per liter, according to the pricing advisories of the oil companies. For kerosene products, which is a very...
State-run Philippine National Oil Company (PNOC) is weighing the proposal of at least three investors that have been eyeing to put up an oil refinery at its property in Bataan, so it can augment the country’s fuel requirements. “We have proponents - there are investors talking to us about our...
Filipino consumers will have slight consolation on their pockets at the start of new year 2024, as the prices of kerosene and diesel products are anticipated to be on rollback next week, based on the calculation of the industry players. According to the oil firms, kerosene prices will have...
This week’s hefty oil price hikes would be ‘the Grinch” snatching Christmas merriment from the Filipino consumers, with the oil companies announcing P1.60 per liter increase for gasoline and P1.70 per liter hike for diesel products. Further, the price of kerosene - an essential base for...
