The fuel products of leading oil firm Petron Corporation have been rated ‘top consumer choice’, based on a recent survey carried out by Hongkong-based consumer intelligence firm Standard Insights. Taking cue from that survey outcome, Petron has been bestowed the ‘Consumer Choice Awards’ by...
There will be mixed bag of adjustments that will greet consumers at the pumps next week, as the price of diesel and kerosene products will be on substantial rollback; while gasoline prices will have slight uptrend, based on the calculation of the oil companies. According to the estimates of the...
Revenues from petroleum products showed no significant growth in the first half of the year, largely due to a decline in value-added tax (VAT) collection, the Development Budget Coordination Committee (DBCC) reported. Based on the DBCC's 2023 mid-year report, the Bureau of Customs collected...
Consumers’ financial pain would be back at the pumps this week as the price of diesel products will rise by P1.30 per liter, while gasoline products will also escalate by P0.95 per liter, according to the pricing adjustment advisories of the industry players. Kerosene, which is the other...
Filipino consumers will brace for new wave of roller coaster ride of hefty price hikes at the oil pumps next week, with diesel rising by as much as P1.20 to P1.70 per liter, based on the calculation of the oil firms. For gasoline products, this will also increase by P0.85 to P1.35 per liter; while...
The first ever talk between members of the Association of Southeast Asian Nations (ASEAN) and the Gulf Cooperation Council (GCC) might mitigate oil price fluctuations that have been experienced by the Philippines during the past two years. Department of Foreign Affairs (DFA) Assistant Secretary...
It will be a continuing happy drive to the petroleum stations for motorists filling up their vehicles with diesel as the price of this commodity will have a rollback of P0.95 per liter this week, according to the oil companies. Nevertheless, for those using gasoline, the sentiments will be...
It will be mixed emotions for motorists at the pumps next week, as the rollback in diesel may bring cheers to some consumers, but those filling up their vehicles with gasoline will experience pinch on their pockets as the price of this commodity is anticipated to rise. Based on the calculation of...
As global oil prices crashed, Filipino consumers can look forward to big-time rollback in pump prices at the domestic pumps by next week, based on the calculation of the oil companies. According to the industry players, the price of gasoline products will have the heftiest price cut within the...
The pockets of consumers using gasoline products will have a breather this week as the price of this commodity will be on rollback by P2.00 per liter, as announced by the oil companies. Nevertheless, it will be a reverse scenario for diesel products as the price of this fuel will rise at a modest...
Philippine Coast Guard personnel install booms and sorbent pads to contain an oil spill detected at the Puerto Princesa City Port in Palawan on Sept. 30, 2023. (Courtesy of PCG) An oil spill was monitored in the vicinity waters off Puerto Princesa City Port in Palawan on Saturday, Sept. 30. In a...
Motorists using gasoline products will likely benefit from more than P2.00 per liter rollback at the pumps next week, but there’s a bit of bad news for diesel users because the price of that commodity will slightly go up, based on the calculation of the oil companies. According to the industry...
