After a week of rollbacks, motorists are facing another price hike at fuel stations. Starting Tuesday, Nov. 26, gasoline prices will increase by P1.15 per liter, diesel by P1.10 per liter, and kerosene by P0.85 per liter. Shell Pilipinas, PetroGazz, Clean Fuel, Seaoil, and Jetti Petroleum are among...
After this week's rollback, petroleum product pump prices are expected to rise next week. Based on the first four days of the Mean of Platts Singapore (MOPS) and the average foreign exchange rate, gasoline is expected to jump by around P0.85 to P1.05, while diesel would go up by around P0.80 to P1....
Consumers can expect lower fuel prices starting Tuesday, Nov. 19, following a series of oil price hikes. This month's third adjustment will see gasoline drop by P0.85 per liter, diesel by P0.75 per liter, and kerosene by P0.90 per liter. Several companies, including Shell Pilipinas, PetroGazz,...
The Department of Trade and Industry (DTI) has released the 2024 Noche Buena Price Guide to assist consumers in making informed purchasing decisions for the holiday season. “Aligned with President Ferdinand Marcos Jr.’s directive to promote consumer rights and responsibilities, this year’s...
The recent string of oil price hikes may be coming to an end, with industry analysts projecting a slight dip in prices next week. Based on the first four days of trading on the Means of Platt Singapore (MOPS) and current foreign exchange rates, gasoline prices are anticipated to decrease by P0.75...
Cosco Capital Inc., the retail holding firm of tycoon Lucio L. Co, reported a 10 percent increase in consolidated net income to P10 billion for the first nine months of 2024 from P9.1 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm attributed...
Fuel prices are set to rise anew this week, driven by delayed production increases and geopolitical tensions in the Middle East. Starting Tuesday, Nov. 12, motorists can expect to pay more at the pump, with diesel prices increasing by P2.10 per liter, gasoline by P1.50, and kerosene by P1.20. ...
Puregold Price Club Inc., the grocery retail leader controlled by tycoon Lucio Co, reported a 4.5 percent growth in consolidated net income to P6.9 billion in the first nine months of 2024, up from P6.6 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE),...
Motorists should prepare for another hefty rise in oil prices next week, as industry estimates suggest this increase is likely. The industry insiders forecast that diesel prices could surge by P1.85 to P2.05 per liter, while gasoline prices may jump by P1.30 to P1.50 per liter. Leo Bellas, Jetti...
Camarines Sur Representative Luis Raymund “LRay” Villafuerte on Friday, November 1 urged fellow lawmakers to expedite the passage of the measure that would expand the list of basic goods and commodities to be covered by the Department of Trade and Industry’s (DTI) prize freeze during natural...
Motorists can expect some relief at the pumps next week, with industry estimates indicating a likely rollback in gasoline and diesel prices. Based on the latest oil trading data, gasoline prices are projected to decrease by P0.40 to P0.70 per liter. Diesel prices are expected to remain steady...
ILOILO CITY – The Department of Trade and Industry (DTI) said that prices of “Undas” products like candles and bottled water are stable across Western Visayas. CANDLES sold in a store for ‘Undas’ in Iloilo City on Thursday, Oct. 31. (Tara Yap) “Our monitoring results show a...