The streak of oil price rollbacks is going steady for the third straight week. Effective Tuesday, March 18, diesel prices will decrease by ₱0.20 per liter, while kerosene will have a drop of ₱0.40 per liter. Gasoline prices, meanwhile, remain unchanged. These price slashes were announced by...
Motorists will catch a break with another round of oil price rollbacks in the second week of March. Starting Tuesday, March 11, gasoline prices will go down by ₱1.70 per liter, while diesel prices will cut back by ₱0.90 per liter. Kerosene is also set to go down by ₱1.80 per liter. These piso...
ZAMBOANGA CITY – The Bureau of Customs-Port of Zamboanga Water Patrol Division seized 40,000 liters of smuggled diesel fuel worth P2 million in a boat at the Varadero de Cawit shipyard here on Saturday, March 1. ML Dino Saja Zsae de Guzman, BOC-Zamboanga port collector, said ML...
Thousands of fisherfolk in Limay, Bataan whose livelihoods were displaced by the massive oil spill last year can expect to receive compensation soon. In his speech before provincial leaders and residents of Bataan, reelectionist Senator Francis 'TOL' Tolentino shared that the indemnification for...
CALAPAN CITY, Oriental Mindoro – Gov. Humerlito A. Dolor said he will ask the International Oil Pollution Compensation Funds to expedite the release of payment to fisherfolks who have not yet received their claims over the oil spill from M/V Princess Empress that struck this province in 2023....
Motorists face a mixed fuel price adjustment in the first week of February, as gasoline is projected to increase while diesel and kerosene are forecast to decrease. Based on the four-day trading Means of Platts Singapore (MOPS) and the effects of the Lunar New Year festivities, gasoline may...
Motorists can finally breathe a sigh of relief with the year's first fuel price rollback. Effective Tuesday, Jan. 28, gasoline prices will decrease by P0.80 per liter, diesel by P0.20, and kerosene by P0.50. Several oil companies, including Shell Pilipinas, Seaoil, and CleanFuel, have already...
Following weeks of rises, fuel prices are expected to decrease by the end of January; yet, this will not sufficiently offset the recent surges in cost. Based on the four-day trading Means of Platts Singapore (MOPS), along with the forex average and recent activities in the global market, gasoline...
State-run Philippine National Oil Company (PNOC) has firmly stipulated in a motion for reconsideration filed with the Supreme Court that the exclusion of land assets from the Petron Corporation shares sale is not just a legal and Constitutional nuance but a safeguard of sovereign assets, shielding...
(Ali Vicoy/ File photo/ MANILA BULLETIN) Former Bayan Muna Party-list Rep. Carlos Zarate slammed local oil companies on Monday, Jan. 20 for their imminent "big time" price hike reaching as high as P2.80 per liter on pump fuel prices. "Kala mo...
Motorists will likely face tighter budgets this week as oil prices are set for another increase. Effective Tuesday, Jan. 20, gasoline prices will increase by P1.65 per liter, diesel by P2.70 per liter, and kerosene by P2.50 per liter. Major fuel companies, including Shell Pilipinas, CleanFuel, and...
Brace yourselves for a shock at the gas station as fuel prices are poised for a hefty surge next week, with analysts predicting an increase of over P2 per liter for diesel. Based on four days of trading on the Means of Platts Singapore (MOPS), along with movements in the international oil market,...
