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…

Fuel prices to increase by up to P1.20 per liter starting Sept 5

Meg J. Adonis 09/05/2023

MANILA—Pump prices of petroleum products, particularly diesel and kerosene, will continue to climb for the ninth consecutive week on Tuesday, Sept. 5, by as much as P1.20 per liter. In separate advisories, local oil firms said they…

Cebu Daily Newscast: Oil price hike will begin June 13 amid global production cuts — DOE execs

CDN Digital 06/13/2023

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Tuesday, June 13. Oil price hike will begin June 13 amid global production cuts — DOE…

Oil price hike will begin June 13 amid global production cuts — DOE execs

Jean Mangaluz 06/12/2023

MANILA, Philippines — An oil price hike will be implemented beginning Tuesday, according to Department of Energy’s (DOE) Oil and Industry Management Assistant Director Rodela Romero. He attributed the oil price hike to the international market, as…

Fuel prices increase by up to P1.40 per liter effective May 16

Meg Adonis 05/15/2023

MANILA  – The four-week streak of fuel price rollbacks will end Tuesday, May 16, as local oil companies announced price increases of up to P1.40 per liter. In separate advisories, oil firms said they would hike pump…

Oil companies roll back fuel prices for 3rd time

Meg J. Adonis 05/09/2023

Motorists will again enjoy a rollback in the pump prices of gasoline, diesel and kerosene today by as much as P2.70 per liter, marking the third consecutive week of hefty price declines amid softening global prices. In…

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