Motorists will need to brace themselves again for another hit at the fuel pump. Effective Tuesday, Feb. 18, gasoline and diesel prices will go up by ₱0.80 per liter, while kerosene's will increase by ₱0.10 a liter. Shell Pilipinas, Clean Fuel, Seaoil, and Caltex are among the oil companies that...
It may be another round of fuel price pain as analysts predict increases by next week. Based on the first four days Mean of Platts Singapore (MOPS) and foreign exchange averages, gasoline prices could rise by ₱0.45 to ₱0.85 per liter, while diesel could jump by ₱0.30 to ₱0.75 a liter....
Oil prices will have a rollback this week, giving motorists a little more love and a little less money to spend at the pump. Effective Tuesday, Feb. 11, gasoline and diesel prices will have a P0.10 discount, while kerosene will reduce prices by P0.30. Shell Pilipinas, Seaoil, CleanFuel, Caltex, and...
Motorists may get a slight reprieve next week as oil prices are expected to continue their downward trend. Based on four days of trading on the Means of Platts Singapore (MOPS) and international oil markets, analysts predict gasoline prices may remain stable or decrease by ₱0.05 to ₱0.30 per...
Motorists will feel the pinch at the gasoline pump this week, while those using diesel and kerosene will see some relief. Effective Tuesday, Febr. 4, gasoline prices will increase by ₱0.70 per liter, while diesel prices will decrease by ₱1.15 per liter. Kerosene will also see a price reduction...
Motorists face a mixed fuel price adjustment in the first week of February, as gasoline is projected to increase while diesel and kerosene are forecast to decrease. Based on the four-day trading Means of Platts Singapore (MOPS) and the effects of the Lunar New Year festivities, gasoline may...
The Department of Energy (DOE) said that consumers can expect a potential gasoline price rollback next week, while diesel prices are likely to increase. Rino Abad, DOE Oil Industry Management Bureau (OIMB) directo said these contrasting movements are due to various economic factors. ...
The Department of Energy (DOE) is currently studying a policy for the repurposing of diesel-fired power plants by integrating biofuel blend of as much as 55% (or B55) by volume, according to Energy Undersecretary Felix William B. Fuentebella. “We’re developing a strategy for B55 to enable the...
As the government cannot provide viable ‘quick fixes’ to the country’s shaky power supply situation, Luzon grid will have to increase its dependency on the interruptible load program (ILP) which is underpinned by the switch-on of generating sets (gensets) of big-ticket customers that are...
Filipino consumers will brace for new wave of roller coaster ride of hefty price hikes at the oil pumps next week, with diesel rising by as much as P1.20 to P1.70 per liter, based on the calculation of the oil firms. For gasoline products, this will also increase by P0.85 to P1.35 per liter; while...
Motorists using diesel products will pay more next week while gasoline users can look forward to a price cut, according to the oil companies. Industry players said diesel prices may rise by P0.55 to P0.85 per liter while RON92 gasoline, which is widely patronized in the Philippines, will likely be...
Around 20,000 to 30,000 liters of diesel were seized from a cargo vessel and three boats that were caught in an alleged case of fuel pilferage at the Navotas Fish Port, the Philippine Coast Guard (PCG) disclosed Monday, Jan. 30. Photo: Philippine Coast Guard / PCG The PCG said that its personnel...
