Tag page - Oil hike

As consumers complain of dizzying hikes in oil prices, or at times, unsatisfied at the amount of rollbacks in recent weeks, the oil companies are consequentially suspect of profit-taking. The deregulation of the downstream oil industry is already traversing roughly 23 years -- yet the fires of...

           As international prices hit new historic-high of $60 per barrel, pump prices are anticipated to go up between P0.85 to P1.05 per liter across products.            Based on the initial...

Motorists with gasoline-fed vehicles will have higher degree of financial torment in the coming week, as industry players are anticipating rise in prices for that commodity at the scale of P0.80 to P0.95 per liter. For diesel, the calculation of the oil companies would be a leaner price increase of...