Gabriela, a national alliance of women in the Philippines, reiterated that the scrapping of Oil Deregulation Law, as well as the removal of excise tax on major oil products may help solve the continuously soaring oil prices in the country. (Mark Balmores / Manila Bulletin File Photo) The women’s...
Consumers can temporarily heave a sigh of relief this week as the price of diesel products will be on rollback by a significant P3.10 per liter while kerosene prices will also be trimmed by P2.10 per liter as announced by the oil companies. For gasoline products, the reduction had been at a very...
If you see an orange 1973 Volkswagen Type 2 Kombi parked in a food park, that’s Kombi Brew (sometimes spelled KombiBrew), a mobile coffee shop whose unique creations has been steadily gathering a loyal fanbase that began with the biking community, but now includes everyone else. Budz Badua runs...
Motorists with diesel-fed vehicles will experience relief as this fuel commodity will be on a hefty rollback of P3.00 to P3.20 per liter next week, based on the calculation of the oil companies. Another product that will have significant price decline is kerosene at the scale of P2.00 to P2.20 per...
After voting for their next leaders, Filipino consumers will have to face hefty price hikes of P4.20 per liter for gasoline and diesel products that will be reflected at the pumps on Tuesday, May 10. Kerosene, a base for aviation fuel, will also climb by P5.85 per liter which has been comparatively...
For the 15th time this year, Filipino consumers will again experience dramatic price spikes on oil products on Tuesday, May 10, just a day after the election of the next President and other leaders of the country. Based on the calculation of the oil companies, the price of gasoline will be...
As oil prices in the world market were on downtrend most days last week, Filipino consumers can enjoy short-term relief in their pockets with expected price rollbacks to be reflected at petroleum pumps on Tuesday, May 3. Based on the calculation by oil companies, the price of diesel will be cut by...
JAKARTA, Indonesia -- Indonesia began imposing a complete ban on palm oil exports Thursday, as the world's largest producer of the commodity risked destabilising a global vegetable oil market already hitting peak prices. The archipelago nation is facing a domestic shortage of cooking oil as well as...
Consumers will need to shell out heftier budgets again this week if they will fill up their vehicles as the price of diesel will be increased by P4.10 per liter; while gasoline prices will rise by P3.00 per liter, effective Tuesday, April 26. Industry players similarly advised that the price of...
The ongoing geopolitical conflict in Eastern Europe would further complicate the lingering effects of the African Swine Fever (ASF) on consumer prices, the Department of Finance (DOF) said. In a DOF Economic Bulletin released on Sunday, April 24, Finance Chief Economist Gil S. Beltran said that the...
ABUJA, Nigeria -- Over 100 people have been killed following an explosion at an illegal oil refinery in Nigeria's southern state of Imo, official and local sources said on Saturday. The explosion occurred late Friday at the illegal oil refinery in Egbema local government area, a boundary area...
For the 14th time this year, Filipino consumers will have to agonize over massive cost hikes at petroleum pumps due to surging oil prices in the international market. Based on calculation, oil companies will raise gasoline prices by P3.30 to P3.50 per liter while diesel will be on heftier increase...
