Oil prices likely to go down next week

Robie de Guzman   •   March 29, 2019   •   1304

Prices of local petroleum products are likely to go down next week.

Oil industry players estimate that the price of gasoline will be slashed by P0.05 to P0.10 per liter while diesel by P0.35 to P0.40 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.

If this pushes through, this will be the first time that oil prices will go down after seven straight weeks of price hike. – Robie de Guzman

Oil price hike April 6

Marje Pelayo   •   April 6, 2021

MANILA, Philippines — Oil companies imposed a fuel price hike effective today (April 6).

At 12:01 a.m. today, Caltex added 65 centavos to a liter of gasoline and five centavos to a liter of diesel.

The company did not make any adjustment on the price of its kerosene.

Other oil companies Shell, Petron, Seaoil, and Flying V also adopted similar price hikes on gasoline and diesel which took effect at 6:00 a.m. today.

Said oil firms, meanwhile, adjusted their respective prices to additional five centavos per liter of kerosene.

Said price adjustment was also adopted by Unioil, Petro Gazz, Phoenix Petroleum, PTT, and Total Philippines.

Cleanfuel, meanwhile, will have the same adjustment taking effect at 4:00 p.m. today except for diesel.

Pump prices up Feb. 23

Marje Pelayo   •   February 23, 2021

MANILA, Philippines — Oil companies have imposed an oil price hike effective Tuesday (February 23).

(Effective 12:01 a.m)

Chevron 

  • Gasoline   + 20 centavos/L 
  • Diesel       + 95 centavos/L 
  • Kerosene + 5 centavos/L 

(Effective 6:00 a.m.)

Shell

Petron

Seaoil

Flying V

  • Gasoline   + 20 centavos/L 
  • Diesel       + 95 centavos/L 
  • Kerosene  +1.00/L

PTT Philippines

Unioil

Petro Gazz

Phoenix Petroleum

  • Gasoline   +1.20/L 
  • Diesel       +95 centavos/L 

(Effective 4:01 p.m.)

Cleanfuel

  • Gasoline   + 20 centavos/L 
  • Diesel       + 95 centavos/L

Gasoline, kerosene price changes set for Tuesday, February 2

Robie de Guzman   •   February 1, 2021

MANILA, Philippines – Local pump prices of gasoline and kerosene will be adjusted anew this week, oil firms announced on Monday.

In separate advisories, Pilipinas Shell Petroleum Corp. and Seaoil Philippines Inc. said they will increase the price per liter of gasoline by P0.25 and slash that of kerosene by P0.25. No price change will be imposed on diesel.

Petro Gazz also said it will implement the same price change except for kerosene which it does not carry.

The price adjustment will take effect on Tuesday, February 2.

Cleanfuel, on the other hand, announced that the prices of its petroleum products will remain unchanged for the week.

Other oil companies have yet to make similar announcements.

Meanwhile, Petron announced it adjusted the prices of its liquefied petroleum gas (LPG) and AutoLPG products.

Effective February 1, Petron increased its LPG price by P2.96/kilogram, and AutoLPG by P1.66 a liter.

“These reflect the international contract price of LPG for the month of February,” it said.

REACH US

The Philippine Broadcast Hub

UNTV, 915 Barangay Philam,

EDSA, Quezon City M.M. 1104

(+632) 8396-8688 (Tel)

info@untv-newsandrescue.com (General inquiries)

ABOUT UNTV

UNTV is a major TV broadcast network with 24-hour programming. An Ultra High Frequency station with strong brand content that appeal to everyone, UNTV is one of the most trusted and successful Philippine networks that guarantees wholesome and quality viewing experience.