Diesel prices are expected to decline next week, while gasoline prices may continue to rise amid supply tightness and sustained seasonal demand. Based on the four-day trading of the Mean of Platts Singapore (MOPS), gasoline prices may increase by ₱1 to ₱3 per liter, while diesel prices could...
Ending a brief period of relief for motorists, oil prices resumed their upward trajectory in the first week of May as global supply pressures offset the price rollbacks seen in late April. Department of Energy (DOE) Secretary Sharon Garin told a press conference on Monday, May 4, that diesel prices...
The Philippine government must overhaul its aviation policy and adjust flight cost structures to accelerate the adoption of sustainable aviation fuel (SAF), a move designed to insulate the local industry from volatile global oil prices, according to professional services firm GHD Group Pty. In an...
Transport group Manibela said on Thursday, April 23, that its transport strike remains in effect despite the removal of its protest centers, as members continue complying with government requirements. Manibela chairman Mar Valbuena clarified that the absence of picket lines does not signal the end...
TACLOBAN CITY – The Leyte provincial government has unveiled the QGas application, a digital system designed to monitor and compare fuel prices across gasoline stations to provide motorists with real-time and reliable data. The local government presented the application to municipal...
Transport organizations are divided over the nationwide strike set for April 15 to 17, with Pagkakaisa ng mga Samahan ng Tsuper at Opereytor Nationwide (PISTON) confirming its participation while other groups pursue dialogue with the government on rising fuel costs. Mody Floranda, president of...
Department of Public Works and Highways (DPWH) Secretary Vince Dizon on Monday, April 13, dismissed an economist’s call to halt major infrastructure and public works projects, saying these should continue despite rising fuel prices in the country. Earlier, economist JC Punongbayan said...
The country’s competition watchdog is intensifying its scrutiny of domestic fuel prices to shield consumers from unwarranted hikes triggered by escalating tensions in the Middle East. In a statement, the Philippine Competition Commission (PCC) said it is monitoring the market behavior of local...
Even if the war in the Middle East de-escalates, the Department of Energy (DOE) has been hit with a cold, hard truth for motorists: oil prices would remain elevated and may ease at a slower pace compared to their quick rise. Energy Secretary Sharon Garin emphasized during a media briefing on...
The Department of Public Works and Highways (DPWH) has issued interim guidelines allowing implementing offices to use market-based prices in project costing to avoid delays amid rising fuel costs. The move comes as global oil prices surge due to geopolitical tensions involving Iran, Israel, and...
A farmers’ group on Sunday, March 29, warned of a looming food crisis as rising fuel prices push Filipino farmers and fisherfolk deeper into debt and drive up production costs. As tensions in the Middle East continue to trigger oil price shocks, the Kilusang Magbubukid ng Pilipinas (KMP) said...
Senator Risa Hontiveros urged the government on Monday, March 23, to urgently respond to the mounting challenges faced by the public transport drivers and commuters as fuel prices continue to climb. “Yung isang unit ng modern jeepney ngayon, lugi na ng P1,000 kada araw ng biyahe (Drivers are...
