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Cebu Daily Newscast: Oil firms raise prices of petroleum products by up to P3.50/liter

By: CDN Digital August 01,2023 - 12:00 PM

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Here’s what you need to know on Tuesday, August 1.

Oil firms raise prices of petroleum products by up to P3.50/liter

Motorists will have to tighten spending this week after local oil firms announced hefty increases in the pump prices of petroleum products by as much as P3.50 per liter effective Tuesday, Aug. 1.

In separate advisories, the companies said they would raise the price of gasoline by P2.10 per liter and diesel by P3.50 per liter. The price of kerosene will also climb by P3.25 per liter.

This marks the fourth consecutive week of price increases for diesel and kerosene and the third for gasoline as US and European Central Bank rate hikes failed to make it in time to mitigate the impact of Saudi Arabia’s production cuts.

P37.4 million shabu seized from junk shop owner during Talisay drug bust

Some P37.4 million worth of suspected shabu was confiscated from a  31-year-old junk shop owner in Talisay City in southern Cebu on Sunday, July 30, 2023.

This was during a buy-bust operation at past 10 p.m. in Purok Kawayan, Sitio Kimba, Barangay San Roque this city.

Talisay police identified the suspect as Robert Fernan, a resident of Purok Avocado, Barangay Maghaway, Talisay City, Cebu.

Suicide bomber kills at least 44 people, wounds nearly 200 in Pakistan

A suicide bomber blew himself up at a political rally in a former stronghold of militants in northwest Pakistan bordering Afghanistan on Sunday, killing at least 44 people and wounding nearly 200 in an attack that a senior leader said was meant to weaken Pakistani Islamists.

The Bajur district near the Afghan border was a stronghold of the Pakistani Taliban — a close ally of Afghanistan’s Taliban government — before the Pakistani army drove the militants out of the area.

Mactan-Cebu airport gets Level 1 international accreditation

Mactan-Cebu International Airport (MCIA) has become the first and, so far, the only airport in the Philippines that has an international accreditation that recognizes customer experience management practices.

The international terminal is now among the 20 airports in the world that achieved Level 1 accreditation from the Airports Council International (ACI).

This puts MCIA in the same league as Delhi Airport in India, Macau International Airport in Macau and Sharjah International Airport in United Arab Emirates, among others.


Fuel prices raised by up to P1.35 per liter effective July 25

Fuel prices in 6 gas stations in Cebu City as of July 25: Gasoline, diesel up

More flights mounted at Mactan Cebu airport

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TAGS: diesel, gasoline, illegal drugs, kerosene, Mactan airport, Oil Prices, Pakistan, Talisay City

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