The recent rollback in oil prices may be short-lived, as analysts forecast the first increase of the year. Based on the first four days of trading on the Means of Platts Singapore (MOPS) and the average foreign exchange rate, gasoline prices are anticipated to rise by P0.40 to P0.75 per liter next...
After a streak of increasing prices over the holidays, fuel prices are expected to ease before the start of the new year. Analysts expect that by next week, gasoline prices could drop by P0.30 to P0.60 per liter, while diesel prices could fall by P0.20 to P0.55 per liter. Kerosene could also see a...
(Ali Vicoy/ MANILA BULLETIN) Bayan Muna is pushing for the immediate implementation of oil price unbundling to assert transparency as oil prices are expected to face another round of increases during the Christmas season. "The price of fuel in gas...
Motorists face another stressful holiday drive as gas and diesel prices are set to rise this week. Effective Tuesday, Dec. 24, the price of diesel will increase by P1.45 per liter, bringing it close to a P2 rise. Gasoline will also increase by P0.50 per liter, and kerosene by P0.75 per liter....
Motorists may need to brace themselves for the holiday season as Christmas week is anticipated to bring another round of oil price hikes. Based on four-day Means of Platts Singapore (MOPS) trading and the average forex rate, analysts expect gasoline prices to increase by P0.35 to P0.80 per liter,...
Heavy Christmas traffic isn't the only thing consumers need to worry about this week, as fuel prices are set to increase. Starting Tuesday, Dec. 17, gasoline and diesel prices will rise by P0.80 per liter, while kerosene will see a P0.10 increase per liter. Shell, Seaoil, and CleanFuel are among...
Christmas day is just around the corner, but motorists may have to tighten their belts further as pump prices are expected to rise again next week. Based on estimates, gasoline prices could see their third consecutive weekly increase, with a potential rise of P0.15 to P0.50 per liter. Diesel...
Motorists can expect some relief at the pumps this week as diesel prices are set to decrease. Starting Tuesday, Dec. 10, the price of diesel will drop by P0.50 per liter, and kerosene will see a P0.75 per liter reduction. However, gasoline prices will continue their upward trend for the third...
Gasoline prices are expected to rise for the third consecutive week, while diesel and kerosene prices may decrease for the second week in a row. According to preliminary data from Means of Platts Singapore (MOPS) and current foreign exchange rates, diesel prices may decrease by P0.40 to P0.50 per...
After weeks of increases, motorists can expect a small break on diesel and kerosene, but rising gasoline prices will offset any savings at the pump. Gasoline prices are set to increase by P0.90 per liter starting Tuesday, Dec. 3. However, there will be some relief for diesel and kerosene users,...
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....
