Tag page - BRENTCRUDE

With renewed collapse in global oil prices in the world market, Filipino consumers would be able to enjoy substantial financial relief on their fuel budgets, as the industry players are anticipating big-time rollbacks in pump prices next week. 27633 As calculated by the oil companies, gasoline...

Oil firms implemented smaller P0.65 per liter this week, short of P0.10 to P0.15 per liter compared to their earlier estimates of P0.75 to P0.85 per liter set off by the industry players, prompting he Department of Energy (DOE) to seek explanation from the oil companies. For diesel prices, that had...

Due to demand softening because of rising Covid-19 infections triggered by the Delta variant, oil prices at Philippine pumps will be on a significant rollback next week, according to the oil industry players. 24613 Based on initial calculation, the price of gasoline may be reduced by P0.80 to P0.90...

After a shortl respite on consumers’ pockets last week, oil prices will be on big-time hikes again next week because of the sustained surge in prices in the world market. As calculated by the oil companies, gasoline prices will rise by P1.00 to P1.10 per liter; while diesel will also be on upward...

Given incessant rally in global oil prices, Filipino consumers will have to brace for big-time price hikes next week, especially for gasoline commodity with anticipated increase of P1.05 to P1.15 per liter. 15198 For diesel products, the initial calculation of the oil companies would be a price...