More than P1/liter hike for gasoline prices expected, says DOE official; tight world supply, high global demand cited (Eagle News) – An official of the Department of Energy said that prices of petroleum products would increase next week because of tight supply in the world market with the threat of Russian oil embargo and strong global demand. Assistant Director Rodela Romero of the DOE’s Oil Industry Management Bureau said that as of Friday, at […]
Tag: oil price hike
Third straight week of oil price hike set on June 21 as global oil prices retreat
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, […]
Oil price hike for 2nd straight week: Gas prices to rise by P2.15/liter; diesel to go up by P4.30/liter on Tuesday
(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 […]
DSWD says it has yet to distribute P500 monthly fuel subsidy for low-income families
Vows to start distribution before President Duterte’s term ends on June 30 (Eagle News) – The Philippine government has not yet distributed the P500 aid per family that had been promised by President Rodrigo Duterte to alleviate the economic burden brought about by the continuous oil price hike. The Department of Social Welfare and Development (DSWD) said it hopes to start the distribution before President Duterte’s term ends on June 30. President Duterte […]
Commuters, drivers worry about the future as gas stations implement biggest price hike so far this year
(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 […]
Biggest oil price hike so far this year: Diesel, gasoline, kerosene prices rise for 10th straight week on March 8
(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 […]
Gasoline prices to increase by 25 centavos per liter, while price cuts seen in diesel, kerosene
(Eagle News) – Gasoline prices will increase in several gasoline stations by 25 centavos per liter starting Tuesday, according to separate advisories issued by oil firms. While the pump prices of gasoline will rise, diesel and kerosene will have price cuts. Pilipinas Shell Petroleum Corp., Petro Gazz, PTT Philippines Corp., Eastern Petroleum Corp., TOTAL (Philippines) Inc., Phoenix Petroleum Philippines Inc., SEAOIL Philippines Inc. and Chevron Philippines Inc. (Caltex) all issued separate advisories about increasing their […]
7th straight week of price hike: Petroleum prices to increase again Tuesday, March 26
(Eagle News) — Expect another round of fuel price increase on Tuesday, March 26, starting 6 a.m., with gasoline up by 65 centavos per liter, while kerosene and diesel up by another 10 centavos per liter. This is the seventh consecutive week of price increase implemented by petroleum companies in the country, in reaction to increase in world crude prices. Shell, Eastern Petroleum, PTT Philippines. Petron, Petro Gazz, Caltex, Flying V and Jetti have […]
Another round of oil price hike takes effect today
(Eagle News) — Another round of oil price increase took effect today, March 12, In an advisory, Shell, Petro Gazz, Caltex, Total, PTT Philippines, Jetti, Flying V, Petron and Eastern Petroleum, raised the prices of their petroleum products at 6 a.m. this morning, with an increase of 90 centavos per liter of gasoline. There is however no price movement in the prices of diesel and kerosene. This is already the fifth consecutive week of price […]
Oil price hike, asahan bukas
(Eagle News) — Nakaamba na naman ang pagtaas ng presyo sa produktong petrolyo sa araw ng bukas, Enero 29. Ayon sa Pilipinas Shell Petroleum Corporation, Caltex at Seaoil, magtataas sila ng 55 centavos sa bawat litro ng diesel, 20 centavos naman sa bawat litro ng gasolina at 40 centavos sa bawat litro ng kerosene. Magpapatupad din ng kaparehong price adjustments maliban sa kerosene ang Phoenix, UniOil, Total, Ptt, Eastern, Jetti at Petro Gazz. Epektibo ang […]
Big-time oil price hike, posibleng ipatupad ngayong linggo
(Eagle News) — Nakaamba ang isang big-time oil price hike sa mga produktong petrolyo ngayong linggo, dahil sa pagtaas ng presyo ng langis sa world market. Bukod pa ito sa ipatutupad na ikalawang bugso ng excise tax ng mga gasolinahang ubos na ang 2018 stocks. Ayon sa oil industry sources, aabot sa Php 2.20 hanggang Php 2. 30 kada litro ang madaragdag sa presyo ng diesel. Madaragdagan naman ng Php 1.40 hanggang Php 1.50 kada […]
Panibagong oil price hike, nakaamba
(Eagle News) — Matapos ang big-time oil price hike ng mga kumpanya ng langis ngayong araw, Setyembre 4 ay posible pang masundan ang dagdag presyo sa mga produktong petrolyo. Ayon sa Oil Industry Management Bureau, ito ay dahil sa nararanasang political crisis sa mga bansa na pangunahing oil producers gaya ng Iran, Venezuela, at Libya. Dagdag pa nila, tumaas ang presyo ng produktong petrolyo kahit nangako ang Organization of the Petroleum Exporting Countries (OPEC) na […]





