Mixed movement this week: Gas prices to go up, diesel to go down

Meg Adonis 07/21/2024

MANILA, Philippines — The Department of Energy (DOE) and industry players are seeing a mixed movement in the pump prices of petroleum products this week on uncertain demand globally. Rodela Romero, director of the DOE Oil Industry…

4th fuel price hike expected this week

Lisbet K. Esmael 07/07/2024

MANILA, Philippines — The prices of petroleum products are expected to continue their upward trend by as much as P1.50 per liter, according to forecasts from industry players. Based on an advisory from Unioil posted Saturday, the…

Fuel price hike set for 3rd straight week

Lisbet K. Esmael 06/30/2024

MANILA, Philippines — Fuel products may become more costly next week, marking the third consecutive week of hikes due to external factors, according to forecasts from industry players. Based on the forecast of Unioil released on Saturday,…

Another big-time fuel price hike looms

Lisbet K. Esmael 06/23/2024

MANILA, Philippines — The motoring public may brace for another oil price increase next week due to geopolitical conflicts, with industry players projecting close to P2 upward adjustments per liter. In an advisory over the weekend, Unioil…

Fuel prices may increase by up to P2 this week

Jordeene B. Lagare 06/16/2024

MANILA, Philippines — Industry players hinted at a fuel price hike of up to almost P2-a-liter this week as various global developments including the projected increase in global demand make pump prices volatile. In an advisory over…

Fuel price rollback expected this week

Jordeene B. Lagare 04/28/2024

MANILA, Philippines — Good news awaits motorists following successive price increases in gasoline as oil companies are tipped to slash local fuel prices by less than a peso this coming week, according to industry sources. In an…

Fuel price cut expected this week

Jordeene B. Lagare 03/10/2024

Fuel prices are expected to decrease slightly again following a minimal downward price adjustment previously, according to industry sources. In an advisory over the weekend, Unioil said the price of diesel might go down by 20 to…

Why Cebu needs more power investments to secure future demand

Kim Ablaña 03/02/2024

CEBU CITY, Philippines – After Panay Island experienced a power outage in early January 2024, concerns about similar blackouts have arisen in Cebu province and nearby areas. Cebu is a major hub for power consumption in the Visayas…

Oil firms announce 3rd consecutive weekly price increase

Jordeene B. Lagare 01/21/2024

MANILA, Philippines — Drivers should prepare for higher fuel costs as oil firms plan to increase pump prices for the third consecutive week. Unioil estimates diesel prices to go up by 70 to 90 centavos per liter,…

Prices of diesel, kerosene seen to go down but gasoline may rise on Jan 2

Meg Adonis 01/01/2024

MANILA  – The Department of Energy (DOE) announced possible rollbacks in the pump prices of diesel and kerosene effective Tuesday, January 2. In a text message to reporters, DOE Oil Industry Management Bureau Director Rodela Romero said…

Fuel prices up by more than P1 in the last week of Dec. 2023

Niña Mae Oliverio and Emmariel Ares 12/26/2023

CEBU CITY, Philippines — Fuel prices increased by more than P1 per litter in the last week of December 2023. CDN Digital checked pump prices in six gasoline stations in Cebu City and recorded an increase of…

Prices of gasoline up, diesel down this week

Meg Adonis 12/04/2023

MANILA – Pump prices of gasoline are expected to go up while diesel prices are going down on Tuesday, Dec. 5, as major oil exporters are expected to implement supply cuts. In separate advisories, local fuel firms…

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