The pockets of consumers will be eased significantly from the hefty rollback in pump prices this week which reached a scale of P3.05 per liter for gasoline; and P2.45 per liter for diesel products as announced by the oil companies. For kerosene, which is the other vital commodity in the triumvirate...
Uptrend in sales had propelled 16% income escalation for leading oil firm Petron Corporation to P9.5 billion within this year’s January to September stretch versus a leaner bottom line outcome of P8.2 billion within a comparative period last year. The company emphasized that its “strong volume...
It’s a week of financial relief on consumers’ pockets as prices at the gasoline stations will be on rollback, based on the pricing adjustment advisories of the oil companies. The industry players announced that the price of diesel will have a relatively hefty cutback of P1.10 per liter; while...
Happy driving days will continue for Filipino consumers next week as oil prices will continue to track downtrend at the domestic pumps, according to the calculation of the oil companies. Based on the estimates of the industry players, the price of diesel in particular will have a heftier rollback...
Long holiday-propped driving will bring forth both cheers and misery to the consumers given the mixed price adjustments that will be implemented at the domestic pumps this week. Based on the announcements of the oil companies, the price of diesel will have a substantial rollback of P1.25 per liter;...
The fuel products of leading oil firm Petron Corporation have been rated ‘top consumer choice’, based on a recent survey carried out by Hongkong-based consumer intelligence firm Standard Insights. Taking cue from that survey outcome, Petron has been bestowed the ‘Consumer Choice Awards’ by...
There will be mixed bag of adjustments that will greet consumers at the pumps next week, as the price of diesel and kerosene products will be on substantial rollback; while gasoline prices will have slight uptrend, based on the calculation of the oil companies. According to the estimates of the...
Revenues from petroleum products showed no significant growth in the first half of the year, largely due to a decline in value-added tax (VAT) collection, the Development Budget Coordination Committee (DBCC) reported. Based on the DBCC's 2023 mid-year report, the Bureau of Customs collected...
Consumers’ financial pain would be back at the pumps this week as the price of diesel products will rise by P1.30 per liter, while gasoline products will also escalate by P0.95 per liter, according to the pricing adjustment advisories of the industry players. Kerosene, which is the other...
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...
The first ever talk between members of the Association of Southeast Asian Nations (ASEAN) and the Gulf Cooperation Council (GCC) might mitigate oil price fluctuations that have been experienced by the Philippines during the past two years. Department of Foreign Affairs (DFA) Assistant Secretary...
It will be a continuing happy drive to the petroleum stations for motorists filling up their vehicles with diesel as the price of this commodity will have a rollback of P0.95 per liter this week, according to the oil companies. Nevertheless, for those using gasoline, the sentiments will be...
