Motorists may need to brace themselves for the holiday season as Christmas week is anticipated to bring another round of oil price hikes. Based on four-day Means of Platts Singapore (MOPS) trading and the average forex rate, analysts expect gasoline prices to increase by P0.35 to P0.80 per liter,...
Heavy Christmas traffic isn't the only thing consumers need to worry about this week, as fuel prices are set to increase. Starting Tuesday, Dec. 17, gasoline and diesel prices will rise by P0.80 per liter, while kerosene will see a P0.10 increase per liter. Shell, Seaoil, and CleanFuel are among...
Christmas day is just around the corner, but motorists may have to tighten their belts further as pump prices are expected to rise again next week. Based on estimates, gasoline prices could see their third consecutive weekly increase, with a potential rise of P0.15 to P0.50 per liter. Diesel...
Motorists can expect some relief at the pumps this week as diesel prices are set to decrease. Starting Tuesday, Dec. 10, the price of diesel will drop by P0.50 per liter, and kerosene will see a P0.75 per liter reduction. However, gasoline prices will continue their upward trend for the third...
Gasoline prices are expected to rise for the third consecutive week, while diesel and kerosene prices may decrease for the second week in a row. According to preliminary data from Means of Platts Singapore (MOPS) and current foreign exchange rates, diesel prices may decrease by P0.40 to P0.50 per...
After weeks of increases, motorists can expect a small break on diesel and kerosene, but rising gasoline prices will offset any savings at the pump. Gasoline prices are set to increase by P0.90 per liter starting Tuesday, Dec. 3. However, there will be some relief for diesel and kerosene users,...
After a week of rollbacks, motorists are facing another price hike at fuel stations. Starting Tuesday, Nov. 26, gasoline prices will increase by P1.15 per liter, diesel by P1.10 per liter, and kerosene by P0.85 per liter. Shell Pilipinas, PetroGazz, Clean Fuel, Seaoil, and Jetti Petroleum are among...
After this week's rollback, petroleum product pump prices are expected to rise next week. Based on the first four days of the Mean of Platts Singapore (MOPS) and the average foreign exchange rate, gasoline is expected to jump by around P0.85 to P1.05, while diesel would go up by around P0.80 to P1....
Consumers can expect lower fuel prices starting Tuesday, Nov. 19, following a series of oil price hikes. This month's third adjustment will see gasoline drop by P0.85 per liter, diesel by P0.75 per liter, and kerosene by P0.90 per liter. Several companies, including Shell Pilipinas, PetroGazz,...
The recent string of oil price hikes may be coming to an end, with industry analysts projecting a slight dip in prices next week. Based on the first four days of trading on the Means of Platt Singapore (MOPS) and current foreign exchange rates, gasoline prices are anticipated to decrease by P0.75...
State-run Philippine National Oil Company (PNOC) has signed a deal with Indonesian oil and natural gas firm PT Pertamina to collaborate on liquefied natural gas (LNG) partnerships and other initiatives in the energy sector. During the Norway-Philippines LNG Summit 2024, Oliver Butalid, PNOC...
Fuel prices are set to rise anew this week, driven by delayed production increases and geopolitical tensions in the Middle East. Starting Tuesday, Nov. 12, motorists can expect to pay more at the pump, with diesel prices increasing by P2.10 per liter, gasoline by P1.50, and kerosene by P1.20. ...
