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3rd oil price hike lower compared to the the price increase in the last two weeks Gas prices to increase by P0.80 per liter, diesel prices up by P3.10 per liter (Eagle News) – Effective Tuesday, June 21, oil companies will implement another round of oil price increase, although less than the hike implemented in the previous two weeks. Various oil companies have already issued advisories on the 80 centavo increase per liter of gasoline, […]
Sri Lanka closed schools and halted all non-essential government services on Monday, beginning a two-week shutdown to conserve fast-depleting fuel reserves as the International Monetary Fund opened talks with Colombo on a possible bailout. The country of 22 million people is in the grip of its worst economic crisis after running out of dollars to finance even the most essential imports, including fuel. On Monday schools were shut and state offices worked with skeleton staff as […]
(Eagle News) – Oil prices will again increase tomorrow, Tuesday, June 13, the second straight week of price hike of oil products. Gas prices will increase by P2.15 per liter, while diesel prices will be up by 4.30 per liter. Kerosene, on the other hand, will increase by P4.85 per liter. Several gasoline stations have already posted their advisories for the oil price increase. Surging energy costs are being felt across the global economy […]
Rollback was in reaction to decrease in oil prices in world market last week (Eagle News) – Philippine oil companies are set to implement a price rollback of P11.45 price for diesel and P5.45 per liter for gasoline on Tuesday, March 22, in the first ever fuel price reduction this year after 11 straight weeks of price hikes. Kerosene prices will also be reduced by P8.55 per liter. Oil companies already issued their advisories […]
Diesel prices expected to go down by P10.70 to P10.90 per liter, gasoline by P5.10 to P5.30 per liter (Eagle News) – For the first time this year, oil prices are expected to have a huge rollback after 11 consecutive price hikes, with diesel prices expected to be reduced by around P11 per liter and gasoline by around P5 per liter at least. This big time price rollback is due to the global movement […]
DOE appeals to oil firms’ corporate social responsibility to implement more discounts, stagger price increase (Eagle News) — Oil firms implemented the biggest price hike this year so far on Tuesday, March 15, with gasoline prices rising as much as P7.10 per liter, diesel prices by P13.15 per liter, and kerosene prices by P13.15 per liter. This is the 11th straight week of oil price hikes due to continuing Russia-Ukraine tensions that further hurt […]
(Eagle News) –Oil prices are again forecast to increase next week, by at least P12 per liter for diesel and by P6.80 to P7 per liter for gasoline. “Expect fuel prices to go up next week,” the forecast from Unioil said posted on its Facebook page on Saturday, March 12. According to the forecast, diesel prices will increase by P12.20 to P12.30 per liter, while gasoline prices “will increase by P6.80 to P7.00 per liter” […]
(Eagle News) – While gasoline stations implemented a huge price increase on its products on Tuesday, March 8, one gasoline retailer company did the opposite after two days – a price slash effective 6 a.m. today, March 10. Petro Gazz Philippines implemented a huge oil price rollback of P5.85 per liter for diesel, and P3.60 per liter for gasoline on Thursday, March 10, which would be effective until Sunday, March 13. The amount is […]
(Eagle News) — On the day that gasoline stations implemented the biggest oil price hike so far this year, people are already feeling the crunch. On Tuesday morning, March 8, gasoline prices rose by as much as P3.60 per liter. Diesel, which is used by ordinary public utility jeepneys (PUJs), had the highest increase by as much as P5.85. The price of kerosene, used in ordinary cooking stoves and fuel for lighting, rose by […]
(Eagle News) – Another oil price hike will take effect on Tuesday, March 8, the biggest hike in oil prices this year Diesel prices will rise by 5.85 per liter, while gasoline prices will increase by P3.60 per liter. Prices of kerosene will also be increased by 4.10 per liter. This is the 10th straight week that oil prices have risen this year due to rising tensions between Russia and Ukraine. Various oil companies […]
by Sophie MAKRIS Agence France-Presse BERLIN, Germany (AFP) – No German leader’s diary would be complete without a visit to the venerable IAA motor show, which welcomes Angela Merkel on Tuesday for the last time in her chancellorship. But the biennial celebration of all things auto-related is mired in controversy this year as Germany struggles to adapt its flagship industry to the electric and digital revolution. Merkel, who is quitting politics after an election on […]
BRUSSELS, Belgium (AFP) — Volkswagen’s use of a device that can distort the results of pollution emission tests is prohibited by European law, an EU legal adviser warned Thursday, dealing a legal setback to the German auto giant. The technology “does not appear to be necessary to protect the engine against damage or accident and to ensure safe operation of the vehicle,” said Advocate General Eleanor Sharpston of the EU’s Court of Justice. The court is […]
