Surigao del Norte 2nd district Rep. Robert Ace Barbers has hailed the passage of the Vape Law, which he said would help prevent the abuse of illegal substances via vaping. (Donn Gabriel Baleva/ Unsplash) “Vaping is a fast growing industry and vape products have been prevalent in the country for...
For the fifth time in a series of cost adjustments in the past two months, the pockets of consumers will be eased partly with the anticipated rollback in diesel and kerosene prices next week, but motorists using gasoline are not as lucky because the cost of this commodity will go up. Industry...
Filipino motorists can enjoy another week of less worry on their fuel expenses as oil companies implement their cost rollback at the pumps on Tuesday, July 26. In the cost adjustment advisories, oil companies announced that the price of diesel will be reduced by P1.85 per liter; while gasoline...
Filipino consumers will have another streak of luck next week on their fuel budgets as prices will be on another round of rollback, albeit modest, with diesel products anticipated to have heftier cost reduction of P1.80 to P2.10 per liter. Additionally, oil firms calculated price cut of P0.40 to...
Consumers are up for another week of relief on their fuel budgets, as oil firms will reduce prices of gasoline products by P5.00 per liter, and diesel by P2.00 per liter effective Tuesday, July 19. The oil companies similarly advised on a price reduction of P0.70 per liter for kerosene products,...
JEDDAH, Saudi Arabia -- US President Joe Biden is set to discuss volatile oil prices during a summit with Arab leaders on Saturday in Saudi Arabia, the final stop of his Middle East tour. A handout picture released by the Saudi Royal Palace on July 15, 2022, shows Saudi Crown Prince Mohammed...
Were you thrilled by this week's "big time" price rollback on pump fuel products? Bayan Muna Party-list Rep. Carlos Zarate (Facebook) If so, you shouldn't, based on former Bayan Muna Rep. Carlos Zarate's perspective on fuel price movements so far this 2022. "Since January this year diesel prices...
It's a week of temporary financial relief for motorists as they will benefit from hefty rollback of P6.10 per liter for diesel and P5.70 per liter for gasoline products. Oil companies similarly announced that effective Tuesday, July 12, the price of kerosene products, the base for aviation fuel...
Consumers’ pockets can finally gain substantial relief next week, as petroleum products at the pumps will be on massive rollback, according to the oil companies. Based on the industry’s calculations as anchored on the Mean of Platts Singapore (MOPS), diesel prices will be reduced by as much as...
Senator Ronald “Bato” dela Rosa on Thursday, July 7 expressed his belief it is high-time that the government should also prioritize coming up with a cash subsidy scheme for low to medium income class workers who are also reeling from the impact of the Covid-19 pandemic, series of oil price...
Senator Grace Poe has refiled her bill seeking to provide for the automatic suspension of excise tax on gasoline and diesel. The suspension will take effect when the average Dubai crude oil price based on the Mean of Platts Singapore (MOPs) exceeds $80 per barrel over a three-month period. Earlier,...
Consumers will gain breathing space in their pockets this week, as the price of diesel products will be on rollback by P3.00 per liter, while kerosene prices will be reduced by P3.40 per liter, according to the oil companies. For gasoline, there is no cost movement this week, as industry players...