Consumers will be perked up slightly next week, as oil prices will just be on modest rollback at the domestic pumps, based on the calculation of the oil companies. According to the industry players, the price of gasoline products will be trimmed by P0.55 to P0.95 per liter; while diesel prices will...
Profit of leading oil firm Petron Corporation soared to P10.1 billion in 2023 on the back of higher sales of jet fuel and liquefied petroleum gas (LPG). The oil firm said that its consolidated net income from January to December last year grew by 51 percent from P6.7 billion in 2022, while its...
The inflation rate for the first quarter this year is expected to fall within the central bank’s target band due to base effects, analysts from Manulife Investment Management and Trust Corporation (MIM PH) said. This as the Philippine Statistics Authority (PSA) reported the headline inflation in...
Motorists filling up their vehicles with gasoline products will feel some pinch in their pockets this week as the price of this commodity will increase by P0.50 per liter, according to the pricing advisories of the oil companies. Conversely, diesel products will incur a moderate rollback of P0.40...
Cooking fuel will come heavier on the budgets of households this week as the price of liquefied petroleum gas (LPG) will go up by P0.27 to P0.30 per kilogram (kg) for the month of March, as announced by the industry players. Leading player Petron Corporation, in particular, implemented LPG price...
Pricing seesaw at the pumps will come lighter on the pockets of consumers this week as the price of diesel products will be on P0.95 per liter rollback; while gasoline prices will be trimmed by P0.70 per liter, based on the pricing advisories of the oil companies. Additionally, the price of...
Consumers’ pockets will have some breathing space next week as oil prices are anticipated to be on substantial rollback at the domestic pumps, based on the calculation of the oil companies. According to the industry players, the price of gasoline products will be trimmed by P0.70 to P1.10 per...
It will be financially burdensome for consumers again at the petroleum pumps this week, as the price of gasoline products will substantially rise by P1.60 per liter; while diesel will be up by P1.10 per liter, according to the pricing advisories sent by the oil companies. Additionally, the price of...
Price hikes at the domestic pumps next week ended up slightly leaner after Friday (February 16) trading, due to softening of prices in the world market, according to the industry players. At end-week, the final calculation for price hike in gasoline products was still substantial at P1.20 to P1.60...
Huge cash will be burned at the pumps next week, as oil products are anticipated to be on hefty price hikes again by Tuesday (February 20), according to the estimates of the oil companies. On the calculation of the industry players, gasoline prices will rise by P1.40 to P1.90 per liter, while...
Consumers are keenly looking forward to price rollback at the pumps this week, but the final cost reduction ended up at a disappointing endpoint with just P0.10 per liter price cut for diesel products; and P0.60 per liter for gasoline products. For kerosene, the price cut was well along expectation...
After more than a month of relentless price hikes at the pumps, consumers can look forward to a financial breather next week as petroleum product prices will be on rollback, according to the industry players. Based on the initial 4-day calculation of the oil firms, the reduction for gasoline will...
