Gasoline products are being rolled back anew by P1.10 per liter while diesel prices will be trimmed by P0.60 per liter. Kerosene, which is the other commodity in the triumvirate of weekly price adjustments, will also have a price cut of P0.50 per liter, as announced by the oil companies. As of...
Oil prices at petroleum pumps will be on significant rollbacks next week, its fourth reduction for the month, giving additional relief to Filipino consumers who are already braving traffic as they go back to work or other travel activities. As calculated by the industry players, the price of...
Motorists using diesel fuel on their vehicles will experience significant financial relief this week as the price of this commodity had been rolled back by P1.20 per liter while gasoline price reduction was lower-than-expected at P0.85 per liter. The price of kerosene, which is a base fuel for the...
Motorists will be in massive financial relief next week, as oil prices will be on another round of big-time rollbacks, according to the calculation of oil companies. Based on industry estimates, the price of gasoline will be trimmed by P1.10 to P1.20 per liter; diesel by P1.20 to P1.30 per liter;...
Oil firms asked to explain lower-than-calculated gasoline rollback Myrna M. Velasco The Department of Energy (DOE) is seeking explanation from the oil companies why they have just implemented P0.90 per liter rollback in gasoline prices, which is lower than the calculated P1.10 to P1.20 per liter...
After last week’s relief on consumers’ pockets, motorists using gasoline products on their vehicles can continue to breathe easy as this commodity will have another hefty rollback of more than P1.00 per liter next week. Based on calculations by industry players, the widely used 92 RON unleaded...
Filipino consumers can lean on interim financial relief this week, as the price of gasoline products had been rolled back by P1.00 per liter; and diesel prices by P0.60 per liter, as announced by the oil companies. Similarly, the price of kerosene commodity, which is a base for aviation fuel and...
Filipino consumers can finally heave a sigh of relief as petroleum prices will be tracking significant downtrend next week, with the rollback for gasoline prices projected at hefty P1.15 to P1.25 per liter, based on calculations by oil companies. Industry players similarly estimated that the price...
Filipino households relying on liquefied petroleum gas (LPG) for their cooking chores will need to allocate higher budget, as the price of that product had been increased by P3.10 per kilogram (kg) or an aggregate P34.10 for the standard 11-kilogram cylinder. The other fuel commodity that will rise...
Setting a cap on weekly adjustments in pump prices is among the policy prescriptions of the Department of Energy (DoE) in the amendment to the Oil Deregulation Law, so government can help cushion cost impact on consumers when oil prices are surging in the world market. When asked on the...
As global prices lingered at multi-year highs, fuel prices at Philippine pumps will increase by P1.30 per liter for gasoline and P1.50 per liter for diesel, as announced by the oil companies. The prices of kerosene products will also have an upswing of P1.45 per liter in this week’s pricing...
Filipino motorists will need to cough up higher budgets in filling up their vehicles this week as prices of diesel will rise by P0.90 per liter and gasoline by P0.55 per liter. The price of kerosene product, a commodity that is essential for households and also a base for aviation fuel, will be...
