Tag: Rollback

Oil price rollback set on Tuesday, Sept. 6: Gas prices to be cut by P2.60/liter, diesel prices by P1.55/liter

Price rollback came after two straight weeks of price hike   (Eagle News) — Another oil price rollback is set on Tuesday, September 6, with gasoline prices being slashed by P2.60 per liter, and diesel prices by P1.55 per liter. Kerosene prices are also set to be reduced by P1.60 per liter effective Tuesday. This was announced by various oil companies following the lower crude prices in the world market. The rollback follows two straight […]

Oil prices to further go down on July 26: Rollback in gas, diesel, kerosene prices continue on 3rd straight week

(Eagle News) – Oil prices will further go down on Tuesday, July 26, as world crude prices continued its slide. This week’s price rollback, however, is not that high compared to the previous two weeks. Gas prices will be slashed by 40 centavos per liter on Tuesday, July 26. But diesel prices would have a bigger rollback at P1.85 centavos per liter, and kerosene prices would be reduced by P1.30 per liter. Various oil companies […]

2nd big price rollback: Gas prices to go down by P5/liter, diesel prices by P2/liter effective July 19

Second straight week of big price rollback caused by tumble in world crude prices (Eagle News) — Another big price rollback will take effect on Tuesday, July 19, with gasoline prices to go down by P5 per liter, and diesel prices by P2 per liter. In separate advisories, various oil companies announced the big-time price rollback which happens for the second straight week. Last Tuesday, July 12, gas prices were slashed by P5.70 per liter, […]

Price rollback for diesel, kerosene set on Tuesday; gasoline prices to remain unchanged

P3/liter rollback for diesel, P3.40 per liter rollback for kerosene   (Eagle News) – Oil companies are set to implement a price rollback of around P3 per liter for diesel and for kerosene effective Tuesday, July 5, but not for gasoline the prices of which will remain the same. In separate advisories, various oil firms announced the price rollback of P3 per liter for diesel, and P3.40 per liter for kerosene. There will be no […]

Oil price rollback expected on Tuesday as global oil prices go down

    (Eagle News) – Because of retreating oil prices in the world market, Philippine oil companies are expected to also lower their oil prices next week. An oil price rollback looms with gasoline prices forecast to go down by P2.50 to P2.70 per liter, while diesel prices would decrease by around P2 per liter, based on industry estimates.  Kerosene prices are also expected to go down. But the decrease in prices could be higher […]

Price rollback of P11.45 per liter for diesel, P5.45 per liter for gasoline set on March 22

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 […]

For the first time this year, huge oil price rollback set this week after 11 straight weeks of price hikes

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 […]

Petro Gazz implements huge price rollback for gas, diesel from March 10 to March 13

  (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 […]

Oil prices reduced for second consecutive week as world oil prices drop

https://youtu.be/17G0OxXELVc (Eagle News) – Oil companies rolled back the prices of gasoline, diesel and kerosene today, Tuesday, October 8, 2019, as prices of oil in the world market dropped with the restored oil outputs in Saudi by last month. Gasoline prices were slashed by 80 centavos per liter, while diesel prices were reduced by P1 per liter. Kerosene prices were likewise rolled back by P1.15 per liter. This was the second consecutive week that oil […]

LTFRB to lower jeepney fare amid slump in fuel prices

(Eagle News)—-The Land Transportation Franchising and Regulatory Board on Monday, Dec. 3, announced a jeepney fare rollback following the successive decreases in the prices of petroleum products. LTFRB Chairman Martin Delgra III said it was Transportation Secretary Art Tugade who issued the directive. Delgra did not say, however, how much the rollback would be. He said this would be announced in a resolution to be issued today. Earlier, a consumer group asked the LTFRB to […]

Petron announces huge P70 per 11-kg cylinder rollback for LPG; other players expected to follow

(Eagle News) — Good news for consumers. On the first day of December, expect huge price rollback for prices of Liquefied Petroleum Gas. Petron has announced that it will rollback Gasul and Fiesta Gas prices by as much as P70 per 11-kilogram cylinder tank, or a decrease of P6.40 per kilogram effective 12:01 a.m. December 1. Auto LPG prices will likewise be slashed by P3.50 per liter after midnight later tonight. Other LPG players like […]

Oil firms implement 7th consecutive price rollback

(Eagle News) – Today and tomorrow, oil firms implement its seventh price rollback on petroleum products as global crude prices continued to go down. The prices of diesel were reduced by as much as P2.20 to P2.30 per liter, while that of gasoline were cut by P1.10 per liter. The price of kerosene, on the other hand, was reduced by a hefty P2.10 a liter. Phoenix Petroleum led the price cuts adjusting their prices as […]