by admin | Posted on Monday, 11 February 2019 01:56 PM
MANILA, Philippines — After last week’s rollback, oil companies are set to impose a price hike on petroleum products this week.
Industry players said that there will be a P0.90 to P0.95 per liter increase for gasoline while P 0.50 to P0.55 per liter increase for diesel.
Also, there will be a P0.80 to P0.90 per liter increase for kerosene.
Meanwhile, a large percentage of gasoline stations in the country have already implemented the oil excise tax. In relation to the oil price hike, Sen. Bam Aquino called once again on President Rodrigo Duterte to suspend the implementation of the oil excise tax. — UNTV News and Rescue
by UNTV News | Posted on Friday, 8 March 2019 11:30 AM
Prices of petroleum products are likely to increase next week following the price adjustment implemented on Tuesday (March 5).
Oil Industry Players estimate the price of gasoline to go up by P0.80 to P1.00 per liter while diesel by P0.05 to P0.10 a liter.
Oil firms, however, clarified that the figure is not yet final as there are still a few trading days left before the amount of final price adjustment on pump prices can be announced. – Robie de Guzman/Mon Jocson
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