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Oil firms to impose up to P0.40 per litre price hike this week

by UNTV News and Rescue   |   Posted on Monday, 9 July 2018 07:49 AM

MANILA, Philippines – Oil industry players are set to impose a P0.30 to P0.40 per liter increase in prices of gasoline this week.

The price hike also takes effect in diesel at P0.40 to P0.50 per liter while P0.60 to P0.70 per litre in kerosene.

The price increase is due to the adjustments in prices of oil in the international market. – UNTV News and Rescue

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Big time oil price hike takes effect February 26

by UNTV News and Rescue   |   Posted on Tuesday, 26 February 2019 12:12 PM

MANILA, Philippines – Motorists will have to adjust their budget even more as pump prices continue hike.

On Tuesday (February 26), fuel price adjustments have taken effect in both major and independent oil players.

Pilipinas Shell, Petron Corporation, PTT Philippines, Petro Gazz and Caltex have increased their prices of gasoline and diesel products by P1.45 per liter.

Oil companies carrying kerosene also have increased prices by P1.35 per liter.

Other oil companies are also expected to carry out similar price adjustments in the coming days.

Oil executives said the price adjustments were fueled by upward trends in prices of oil products in the international market. – MP

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Oil price hike to strike again this week

by admin   |   Posted on Monday, 28 January 2019 02:33 PM

MANILA, Philippines —  Oil companies are set to implement another oil price hike this week.

Oil industry players confirmed a possible increase of P0.50 to P0.60 per liter of diesel and kerosene while gasoline prices may go up by P0.20 to P0.30 per liter.

This is the fourth consecutive week of price hikes on petroleum products.

The oil price hike is due to the movement of oil prices in international market. — UNTV News & Rescue

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Oil price cut set for next week

by admin   |   Posted on Friday, 23 November 2018 05:53 PM


MANILA, Philippines — A new oil price rollback on petroleum products is expected to take effect next week.

Based on industry players’ estimation, there will be a P 2.00 per liter price cut on diesel and P1.00 per liter price drop on gasoline.

However, these data may possibly change.

This will be the seventh time rollback on the prices of petroleum products. — UNTV News & Rescue

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