Fuel price hike of more than P1 seen amid supply worries

Jordeene B. Lagare 11/24/2024

MANILA, Philippines — Local pump prices might increase by up to more than P1 per liter this week, mainly driven by geopolitical tensions triggered by the escalating geopolitical situation around Russia. Unioil said over the weekend that…

Fuel price cuts of up to P1 expected this week – DOE

Lisbet K. Esmael 11/17/2024

MANILA, Philippines — Fuel retailers are seen to cut the prices of petroleum products next week following developments in foreign markets, an energy official said. Rodela Romero, director of the Department of Energy (DOE) Oil Industry Management Bureau,…

Mixed adjustments in fuel pump prices this week

Lisbet K. Esmael 10/27/2024

MANILA, Philippines — Fuel companies are expected to impose mixed adjustments in the prices of petroleum products this week, industry players said. Rodela Romero, director of the Department of Energy Oil Industry Management Bureau, said both gasoline…

P2 per liter fuel price hike seen this week

Lisbet Esmael - @inquirerdotnet 10/13/2024

Oil companies are expcected to increase fuel prices by at least P2 per liter due to worsening conflict in the Middle East. Estimates from Rodela Romero, director of the Department of Energy (DOE) Oil Industry Management Bureau, showed…

Cheaper fuel prices set on Tuesday

Lisbet K. Esmael 08/26/2024

The motoring public will see cheaper prices of petroleum products in the last week of August. In separate advisories, Seaoil, Cleanfuel, Caltex, and Shell Pilipinas said the per-liter prices of diesel would be slashed by P1.90 beginning…

DOE expects P2.50 fuel price cut for gasoline

Lisbet K. Esmael 08/11/2024

MANILA, Philippines — The Department of Energy (DOE) expected a fuel price cut of as much as P2.50 per liter this week. Rodela Romero, director of the DOE’s Oil Industry Management Bureau, said the per-liter prices of…

New round of fuel price rollback seen this week

Lisbet K. Esmael 08/04/2024

MANILA, Philippines — Fuel retailers in the Philippines are expected to implement another round of fuel price rollback this week, industry sources said. In an advisory over the weekend, Unioil said the per-liter price of diesel may…

Fuel price rollback expected this week

Lisbet K. Esmael 07/28/2024

MANILA, Philippines — Oil companies are expected to roll back fuel prices this week. Based on Unioil’s advisory over the weekend, the per-liter prices of diesel may drop by 50 centavos to 70 centavos. Gasoline prices are…

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…

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