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,...
House Speaker Martin Romualdez (PPAB) Alarmed by the prevailing high price of rice, Speaker Martin Romualdez has told profiteers and price manipulators to clean up their act, or else face the wrath of the House of Representatives. “Sa...
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...
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 Department of Trade and Industry (DTI) has released the 2024 Noche Buena Price Guide to assist consumers in making informed purchasing decisions for the holiday season. “Aligned with President Ferdinand Marcos Jr.’s directive to promote consumer rights and responsibilities, this year’s...
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...
Cosco Capital Inc., the retail holding firm of tycoon Lucio L. Co, reported a 10 percent increase in consolidated net income to P10 billion for the first nine months of 2024 from P9.1 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm attributed...
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. ...
Puregold Price Club Inc., the grocery retail leader controlled by tycoon Lucio Co, reported a 4.5 percent growth in consolidated net income to P6.9 billion in the first nine months of 2024, up from P6.6 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE),...
