Tag: oil price increase

Oil companies implement new round of oil price increase

QUEZON CITY, Philippines (Eagle News) — Various oil companies added Php 0.80 centavos to every liter of gasoline and Php 0.55 centavos in the price of diesel and kerosene. Flying V, one of the independent oil players in the country, implemented its increase at 12:01 AM today, Tuesday, January 16, 2018. Pilipinas Shell, Phoenix Petroleum Philippines, PTT, and Eastern Petroleum, Seaoil, Total, and JETTI followed suit but their increase took effect at 6 AM. The […]

Lawmakers ask energy dep’t to strictly monitor oil price increases before TRAIN implementation

QUEZON CITY, Philippines (Eagle News) — Several lawmakers asked the Department of Energy (DOE) and other government agencies to be vigilant and monitor oil companies that implemented price increases before the implementation date provided in the Tax Reform law. On January 1, fuel prices increased due to global supply concerns and not because of the Tax Reform for Acceleration and Inclusion (TRAIN) Law. Eastern Samar Representative Ben Evardone asked the DOE and its task force […]

Oil price increase, asahan ngayong linggo

QUEZON CITY, Philippines (Eagle News) – Muling magpapatupad ng oil price increase ang ilang mga kumpanya ng langis ngayong linggo. Maglalaro sa limang sentimos kada litro ng gasolina, 35 sentimos sa kada litro ng diesel at 25 sentimos naman sa kada litro ng kerosene. Ang oil price increase ay bunsod pa rin ng paggalaw ng presyo ng langis sa pandaigdigang merkado.  

Oil price increase this week

MANILA, Philippines, May 18 (Eagle News) — Another oil price increase looms this week, according to oil industry sources. If said increase will continue, this will be the fifth increase of its kind in five weeks. In total, the price of gasoline and diesel have already increased by three pesos. (Eagle News Service Jay Paul Carlos, Jericho Morales, MRFaith Bonalos)