As global oil prices swung to new highs last week, price increases at Philippine pumps are anticipated again next week. Based on the calculation of the oil companies, the highest increase for kerosene products could be P0.85 to P0.90 per liter. This commodity is largely regarded as a base for...
With the easing of quarantine protocols this week, Filipino motorists can benefit from the marginal rollback in pump prices implemented by the oil companies at the scale of P0.25 per liter for gasoline, and P0.10 per liter for kerosene products....
The effects of virgin coconut oil among suspect and probable cases Over a year into this pandemic and the world is nowhere near the end of this virulent virus despite the emergence of vaccines and medications. COVID-19 can produce an excessive immune reaction in the infected individual. The...
Gasoline prices at petroleum pumps will increase by P0.65 per liter this week; while diesel and kerosene prices will marginally go up by P0.05 per liter, based on the pricing notices sent by the oil companies. But for industry player Cleanfuel, the upward adjustment it implemented this week was...
Filipino households can enjoy budget cuts in their cooking fuel this April as the price of liquefied petroleum gas (LPG) has been cut by P3.30 per kilogram (kg), inclusive of value added tax (VAT), or an aggregate P36.30 reduction for the standard 11-kilogram cylinder....
With the crashing impact of the pandemic on oil demand as well as on corporate bottom lines, several oil companies in the country are reportedly exploring options to unload shares or divest their assets. Listed firm Phoenix Petroleum Philippines Inc. of Davao businessman Dennis Uy, in particular,...
As consumers complain of dizzying hikes in oil prices, or at times, unsatisfied at the amount of rollbacks in recent weeks, the oil companies are consequentially suspect of profit-taking. The deregulation of the downstream oil industry is already traversing roughly 23 years -- yet the fires of...
A pro-science consumer advocacy group wants government to seriously look into the potential of virgin coconut oil (VCO) as a weapon against the coronavirus disease (COVID-19). (DTI WEBSITE / FILE PHOTO) Angelo Palmones, president of the Alyansa ng mga Grupong Haligi ng Agham at Teknolohiya Para sa...
The relentless rise in fuel prices will continue this week for all fuel products, including that of liquefied petroleum gas (LPG), which is the preferred commodity by most Filipino households for cooking. As advised by the oil companies, gasoline prices will increase by P1.00 per liter in this...
Expenses for fuel will take its pinch on consumers’ pockets again this week, with substantial increases calculated across products that are retailed at the pumps due to the continuously rising prices in the world market. Based on estimates of the industry players, gasoline prices will go up by...
It will be another week that will be heavy on consumers’ pockets as the prices of gasoline products will go up by P1.20 per liter; and diesel by P0.95 per liter, based on the pricing adjustment notices sent by the oil companies. Kerosene, which is the other significant fuel commodity for both...
Pump prices are calculated to be on another round of heavier increases next week, with some fuel products rising by as much as P1.25 to P1.30 per liter. Based on the estimates of the oil companies, gasoline prices will have the heftiest price hike next week in the range of P1.25 to P1.30 per liter;...
