HONG KONG — Oil prices surged and Asian shares were lower Friday after Israel struck Iranian nuclear and military targets in an attack that raised the risk of all-out war between them. U.S. benchmark crude oil rose by $3.93, or 5.8 percent, to $71.97 per barrel. Brent crude, the international...
Motorists will need to brace themselves for another week of fuel price hikes. Based on the four-day trading in the Mean of Platts Singapore (MOPS), gasoline is expected to increase by around ₱0.90 to ₱1.4 per liter, while diesel is anticipated to rise by around ₱1 to ₱1.4 per liter....
Fuel prices are set to increase ahead of the celebration of Philippine Independence Day on June 12. Effective Tuesday, June 10, gasoline prices will inch up by ₱0.60 per liter, while diesel will go up by ₱0.95 per liter. Kerosene is also set to climb by ₱0.30 per liter. Shell Pilipinas,...
Motorists may need to tighten their belts as fuel prices are set to increase next week. Based on the four-day trading Mean of Platts Singapore (MOPS), gasoline is expected to rise somewhere between ₱0.15 and ₱0.60 per liter, while diesel is expected to jump to around ₱0.50 to ₱0.90 per...
Motorists may need to tighten their belts in the first week of June, as fuel prices are set to increase. Starting Tuesday, June 3, gasoline prices will rise by ₱0.40 per liter, and diesel by ₱0.30 per liter. Kerosene, on the other hand, will decrease by ₱0.10 per liter. Shell Pilipinas,...
Mixed price movements in the gas pumps are expected in the first week of June. Based on the four-day Mean of Platts Singapore (MOPS), gasoline prices may either retain their current price or increase by up to ₱0.40 per liter. Diesel, on the other hand, is seeing an uncertain adjustment, as it...
After two consecutive price rollbacks, fuel prices are set to increase this week. Starting Tuesday, May 20, gasoline prices will increase by ₱1.20 per liter, diesel by ₱1.70 per liter, while kerosene will go up by ₱1.20 per liter. Shell Pilipinas, Caltex, Seaoil, PetroGazz, and CleanFuel are...
Holy Week trips are done, and so are the rollbacks at the gas stations. Starting Tuesday, April 22, expect gasoline prices to rise by ₱1.35 per liter, while diesel will increase by ₱1.30 per liter. Kerosene will also climb by ₱1.10 per liter. Shell Pilipinas, Seaoil, PetroGazz, CleanFuel,...
(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,...
Motorists should brace for another round of fuel price increases as analysts expect the second hike of the new year. Based on the four-day Means of Platts Singapore (MOPS) and foreign exchange averages, gasoline prices could increase by P0.40 to P0.80 per liter, diesel by P0.45 to P0.80 per liter,...