Motorists using gasoline products in their vehicles will have to brace for heavier financial burden next week, as the price of this commodity is anticipated to rise by more than P1.00 per liter, based on the initial estimate of the oil companies. According to industry players, gasoline prices will...
The drive of consumers to petroleum pumps this week will take a little pinch on their pockets, as the price of gasoline products will rise by P0.80 per liter and diesel will go up by P0.60 per liter. For vital industries as well as households that have been leaning on kerosene products, they will...
Despite fragmenting markets and the changing landscape for global gas commodity trading, the Department of Energy (DOE) indicated it may still opt for oil-linked pricing if Malampaya would yield new commercial gas discovery. According to Energy Secretary Raphael P.M. Lotilla, the pricing...
Motorists will feel the pinch on their wallets anew as fuel commodity prices take a reverse course for uptrends next week, based on calculation by oil companies. According to the industry players, diesel prices will have a relatively significant increase of P1.25 to P1.55 per liter, while gasoline...
Consumers in Southeast Asia, including the Philippines, are adopting new trends in shopping and preferences as they emerged more perceptive post-pandemic, according to a new study. A study Trendipedia 2023 by Tetra Pak, a world-leading processing and packaging solutions company, monitors changes...
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...
Big relief awaits consumers this week as the price of major petroleum products will be trimmed by significant amounts, based on the pricing adjustment advisories of the oil companies. For diesel products, the price decrease will be at heftier scale of P2.70 per liter; while gasoline prices will be...
Motorists are in for significant financial relief with oil prices on on big time rollback next week due to the downtrend of prices in the world market, according to industry players. Based on estimates, gasoline prices will be trimmed by P2.10 to P2.40 per liter; while diesel prices will have...
Mayor Francis Zamora inspects prices of vegetables at a local market. Metro Manila Council (MMC) President and San Juan City Mayor Francis Zamora said the 17 mayors in the National Capital Region (NCR) are seeking an investigation into the rising price of sugar being sold in markets in the...
Motorists can rest easy this week, as the price of gasoline products will be on rollback by P1.50 per liter, while diesel prices will also go down by P1.30 per liter, based on the announcement by oil companies. Industry players also sent notices for a price cut of P1.40 per liter for kerosene, an...
Progressive groups Kilusang Magbubukid ng Pilipinas (KMP) and Kilusang Mayo Uno (KMU) are set to stage a protest on Friday, April 28, to reiterate its calls for wage increase and to demand the lowering of the prices of basic commodities across the archipelago. This call of action will be held at the...
Ordinary Filipino consumers prioritize ready to eat food and hygiene products in their shopping basket in times of impending shortage of funds as well as during payday, according to a study. Packworks, a startup company providing a business-to-business (B2B) platform for sari-sari store owners, in...
