Motorists filling up their vehicles with diesel will be in a better place in their drive to the gas stations next week, as the price of this product is anticipated to be on a rollback of P0.25 to P0.55 per liter, based on the estimates of the industry players. The other fuel product that will have...
The Department of Energy (DOE) is eyeing to issue an amended Circular that will simplify the award of petroleum service contracts (PSCs) to interested investors in the country’s upstream oil and gas industry. In a draft Circular that was furnished to the relevant industry stakeholders, the energy...
The strain on consumers’ budgets will continue next week, especially with gasoline prices which are expected to rise heftily by P1.30 to P1.70 per liter, based on the calculation of the oil companies. For the other fuel commodities, diesel prices are projected to increase by P0.40 to P0.80 per...
Consumers are up for another financial pain at the pumps and in their kitchens as oil and liquefied petroleum gas (LPG) prices will track new round of upticks, based on the pricing advisories of the industry players. As culled from the price movement notices of the oil companies, the price of...
The progress of many economies on their energy transition agendas will weaken demand growth for oil commodities in the years ahead, according to Paris-based global think tank International Energy Agency. But while oil consumption will be on decline, there are projections that oil production on...
Motorists will have a punishing drive to the gas pumps this week as the price of all fuel commodities will be on significant uptick, based on the pricing advisories of the oil companies. As announced by the industry players, there will be hefty price hike of P1.75 per liter for diesel products;...
The battlefield of relentless volatile oil prices will be in the favor of Filipino consumers next week, as the domestic oil companies are anticipating hefty rollback at the pumps across products. Based on the calculations of the industry players, the price of diesel will have a sharp reduction of...
Motorists using gasoline products will be greeted with more favorable news at the pumps this week as the price of this commodity will be reduced by P0.90 per liter, according to the pricing advisories of the oil companies. Conversely, however, those filling up their vehicles with diesel will...
The rollercoaster ride on oil price adjustments will have favorable turn for gasoline users this week, as the price of this commodity will be on rollback, based on the estimates of the industry players; while diesel and kerosene will track price uptrend. According to the oil companies, the price of...
It will be a new round of financial agony for consumers at the pumps this week, as the price of gasoline and products will rise by P0.40 per liter, based on the pricing advisories of oil companies. Kerosene, which is the base for aviation fuel and also an essential commodity for...
The onslaught of bad news is coming endless for consumers, as another wave of financial pain will further squeeze their pockets with anticipated price hikes at the gas pumps next week. According to the oil companies, the price of gasoline products will rise by P0.45 to P0.85 per liter; while diesel...
As global oil prices softened in the last two trading days, the estimated rollback for diesel and kerosene prices have gone heftier to P1.00 per liter level, based on the calculation of the oil companies. According to the industry players, the price of diesel will likely be trimmed by P0.80 to...
