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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, July 9th, 2018

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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Oil price adjustments to take effect Tuesday

by UNTV News   |   Posted on Monday, August 20th, 2018

Oil companies are set to implement another adjustment in prices of petroleum products tomorrow, August 21.

Shell, Phoenix Petroleum, Petro Gazz, PTT Philippines and Flying V will increase price of gasoline by P0.30 per liter.

Shell and Flying V will bring down price of kerosene by P0.20 per liter.

There is no change in the price of diesel.

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Oil price rollback expected this week

by UNTV News   |   Posted on Monday, August 6th, 2018

Oil companies are set to impose a price rollback on petroleum products this week

Gasoline and diesel prices will drop by P0.10 – P0.25 per liter while kerosene prices will be reduced by P0.20 to P.30 per liter.

Oil firm Petro Gazz already imposed a P0.20 rollback in diesel and gasoline today (August 6). — UNTV News & Rescue

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Oil prices to increase by P0.70 to P1.50 this week

by UNTV News and Rescue   |   Posted on Monday, July 30th, 2018

Another increase in prices of oil products is expected this week.

According to oil industry players, the estimated oil markup will be from P1.00 to P1.50 per liter in gasoline; P0.90 to P1.00 per liter in diesel and P0.70 to P0.80 per liter in kerosene.

The surge in oil prices is still the effect of the price adjustments in the world market.

Estimated movement on petroleum products:

Gasoline             P 1.00 – P1.50/ liter

Diesel                 P 0.90 – P 1.00/ liter

Kerosene            P 0.70 – P 0.80/ liter


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