Posts Tagged Oil Price Hike

Oil price hike looms this week

Aileen Cerrudo   •   February 24, 2020

Oil companies are set to implement price adjustments beginning Tuesday (February 25). Based on Shell’s advisory, their diesel, gasoline, and kerosene prices will go up by P0.20/liter, P0.30/liter, and P0.35/liter...

Oil firms to adjust prices starting January 7

Robie de Guzman   •   January 6, 2020

MANILA, Philippines — Local prices of petroleum products will be adjusted anew this week. In separate advisories, Pilipinas Shell Corp. and SEAOIL Philippines Inc. said they will reduce the price...

Big-time oil price hike takes effect this week

Marje Pelayo   •   December 30, 2019

MANILA, Philippines – Oil companies are set to impose big-time oil price hike this week. Shell announced that effective 6:00 AM Tuesday (December 31), it will impose an additional P0.80/L...

Big-time oil price hike looms in January 2020

Marje Pelayo   •   December 27, 2019

MANILA, Philippines – The last tranche of excise tax on fuel will take effect from January to April next year. This means that the price of gasoline will have an...

Oil prices to go up this week

Robie de Guzman   •   December 16, 2019

MANILA, Philippines – Local prices of petroleum products will slightly increase this week. Shell Philippines announced on Sunday that the price of its kerosene will go up by P0.60 per...

Gatchalian calls for DOTr update on fuel subsidy status amid oil price adjustments

Robie de Guzman   •   October 1, 2019

MANILA, Philippines – Senator Sherwin Gatchalian has urged the Department of Transportation (DOTr) to ensure that public jeepney drivers and operators will get complete fuel subsidies this year under government’s...

Oil companies see possible big time oil price hike next week

Aileen Cerrudo   •   September 20, 2019

The estimated oil price hike may increase by over P2 per liter, bringing the price of diesel to P1.80/liter from P1.60; and gasoline to P2.30/liter from P2.10. Meanwhile Albay Rep....

‘Like a phoenix from the ashes’ -Saudi Arabia optimistic on oil output

UNTV News   •   September 18, 2019

Saudi Arabia will restore its lost oil production by the end of September and has managed to recover supplies to customers to the levels they were at prior to weekend...

Saudi Arabia is possibly able to stabilize int’l energy market – expert

Jeck Deocampo   •   September 16, 2019

Saudi Arabia is possibly able to stabilize the international energy market, said a Saudi analyst on Sunday in Riyadh, capital city of the country. Saudi Arabian oil facilities were attacked...

Oil prices to go up this week

Robie de Guzman   •   August 18, 2019

MANILA, Philippines – Local prices of petroleum products are set to go up this week, fuel companies announced during the weekend. In separate advisories, Chevron Philippines (Caltex) and Petro Gazz...

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