The Department of Energy (DOE) has projected higher energy demand in Luzon during the summer. Following the recent heat index levels, the DOE reported a peak demand projection of 14,769 megawatts (MW) in Luzon, while Visayas could reach 3,111 MW, and Mindanao, 2,789 MW. “The maximum adjusted...
Consumers are under new threat of financial drain next week as pump prices are seen rising again by a significant proportion, based on the estimates of the oil companies. According to the industry players, the price of gasoline products will potentially go up by P0.65 to P1.05 per liter; while...
The Philippine Statistics Authority (PSA) reported that the country’s tourism industry consumed more water and energy last year than the previous year. However, the consumption levels still fall short of pre-pandemic figures, indicating that the industry is still working to fully regain its...
There will be another round of significant financial reprieve on the pockets of consumers next week as hefty price rollback will continue its streak at the gasoline stations next week, based on the calculation of the oil companies. As reckoned on the three-day outcome of trading in the regional...
Motorists are in for a new round of financial relief next week as the oil companies have estimated significant rollback in oil prices that will be reflected at the domestic pumps next week. Based on the initial calculation of the industry players, the price of gasoline products will be down by...
Foreign investments in the sectors of infrastructure and public services will greatly benefit Philippine tourism, enabling the country to capture a larger market of foreign tourists that are all flocking to the country's Southeast Asian neighbors. Senator Juan Miguel "Migz" Zubiri (Senate PRIB...
The return of consumers from a long weekend drive could bring rush of excitement as oil prices are anticipated to be on hefty rollback by Tuesday, Aug. 27, to the tune of more than P1 per liter for some commodities, based on the preliminary estimates of the oil companies. As reckoned on the outcome...
The pressure on oil price hikes next week skidded slightly, as the increase for some commodities had gone lower than P1.00 per liter if reckoned on the outcome of four-day trading in the regional market. Based on the new calculation of the oil companies, the anticipated rise for gasoline products...
There will be massive financial relief in the pockets of consumers next week, as oil prices will be on hefty rollback that could go beyond P2.00 per liter across products, based on the preliminary calculation of the oil companies. As reckoned from the three-day outcome of trading in the regional...
The typhoon-induced torrential rains and flooding incidents in recent days might have plunged many Filipinos into a new realm of financial hardship - including those in Metro Manila, but the rollback in oil prices this week is expected to bring much needed relief to consumers’ squeezed budgets in...
There is a rainbow after the rain for consumers -- and that will be coming at the gas pumps as the oil companies calculated likely price rollback across products next week. Based on the outcome of three-day trading in the regional market, the estimated price cut for gasoline products would hover at...
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...
