Another wave of increase is expected next week, as fuel prices are expected to rise for the fifth consecutive week. Based on the four-day trading Mean of Platts Singapore (MOPS), gasoline could spike by around ₱1 to ₱1.20 per liter, while diesel could jump around ₱0.60 to ₱0.80 per liter....
Motorists will need to tighten their belts once more as fuel prices are anticipated to increase for the third week of September. Based on the four-day trading Mean of Platts Singapore (MOPS), gasoline could go up by ₱0.10 to ₱0.20 per liter, while diesel might increase somewhere between ₱0.30...
Motorists should brace for a potential fuel price increase next week, with per-liter costs for gasoline and diesel expected to rise by more than a peso due to global geopolitical tensions and sanctions. Based on the four-day trading average of the Mean of Platts Singapore (MOPS), the price of...
Filipinos are preparing for the festive season, but they 'll also face higher fuel prices at the pumps. Starting Tuesday, Sept. 2, gasoline will increase by ₱0.70 per liter, while diesel is set to climb by ₱1 per liter. Kerosene will also jump by ₱0.70 per liter. Major oil companies,...
Motorists will have to dig deeper into their pockets for gas and diesel starting next week, as local pump prices are poised for another round of increases. Based on the four-day Mean of Platts Singapore (MOPS), gasoline could rise ₱0.40 to ₱0.60 a liter, while diesel may increase by ₱0.80 to...
With the start of the “BER” months—a common phrase for September through December—motorists are bracing for another round of fuel price increases by the end of August. Effective Tuesday, Aug. 26, gasoline prices will climb by another ₱0.70 per liter, while diesel will go up by ₱0.50 per...
Higher oil demand and ongoing geopolitical tensions are raising concerns about a potential fuel price spike in the final week of August. Based on the four-day trading average from the Mean of Platts Singapore (MOPS), gasoline prices could increase by ₱0.40 to ₱0.50 per liter. Diesel may also...
It’s going to be a bumpy ride in the first week of August, with gasoline prices set to rise by nearly two pesos. Effective Tuesday, Aug. 5, gasoline will increase by ₱1.90 per liter, while diesel will rise by ₱1.20 per liter. Kerosene is also set to jump by ₱1 per liter. Seaoil, Shell...
Motorists will need to brace themselves for the first week of August, as fuel prices are set to rise. Based on the four-day Mean of Platts Singapore (MOPS), gasoline could see a potential increase of more or less ₱1.50 per liter, while diesel may see a ₱1 spike. Kerosene, on the other hand,...
Global supply concerns, including an unexpected drop in United States (US) crude inventories and the lingering effects of sanctions on Russia, are set to drive up diesel and kerosene prices next week, while gasoline costs may see a modest decrease. Based on the four-day Mean of Platts Singapore...
Driven by rising demand and tightening supply, oil prices are expected to rise again next week. Based on the four-day Mean of Platts Singapore (MOPS) and the forex average, gasoline could go up somewhere between ₱0.30 and ₱0.50 per liter, while diesel may increase by ₱0.70 to ₱0.90 per...
Motorists will need to tighten their belts for another round of increased prices at the gas pumps. Effective Tuesday, July 15, gasoline will go up by ₱0.70 per liter, and kerosene will rise by ₱0.80 per liter. Diesel is also seen to climb by ₱1.40 per liter. Shell, Seaoil, CleanFuel,...