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,…

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…

Fuel prices as of June 4: Gas down by 90 cents, diesel up by 60

Niña Mae Oliverio and Emmariel Ares 06/04/2024

CEBU CITY, Philippines – A week after raising the prices of fuel products, local oil companies have announced a mixed adjustment of prices that will take effect on Tuesday. While gasoline will decrease by 90 centavos, the…

Gasoline prices down by 90¢ per liter, diesel up 60¢

Jordeene B. Lagare 06/03/2024

Fuel companies announced significant price adjustments of up to 90 centavos per liter in local pump prices starting Tuesday, June 4. According to industry sources, the price of gasoline will decrease by 90 centavos per liter. But…

Fuel price rollback: Gasoline down by P2 per liter, diesel by 50¢

Jordeene B. Lagare 05/13/2024

MANILA, Philippines — Motorists can expect fuel pump prices to drop this week for the third time in a row, starting Tuesday, May 14. Local oil companies in separate advisories announced a reduction of P2 per liter…

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…

Big-time increase: Oil prices to go up by P1.10 to P1.55

Jordeene B. Lagare 04/08/2024

MANILA, Philippines — Local oil companies are raising petroleum prices starting Tuesday, April 9, marking the fourth consecutive week of increases. Gasoline prices will go up by P1.10 per liter, diesel by P1.55 per liter, and kerosene…

Fuel prices drop: Gasoline down by 50¢, diesel by 25¢ per liter

Meg Adonis 03/11/2024

MANILA, Philippines — Drivers will see a small decrease in fuel prices this week as local oil companies are reducing gasoline prices by P0.50 per liter, diesel by P0.25 per liter, and kerosene by P0.30 per liter…

Fuel prices rise by 50¢ per liter amid Russia export ban

Meg Adonis 03/04/2024

MANILA, Philippines —Fuel pump prices will increase by P0.50 per liter starting Tuesday, March 5, due to Russia’s six-month export ban. However, diesel prices will decrease by P0.40 per liter and kerosene by P0.35 per liter, as…

Fuel prices in gas stations in Cebu City: Diesel up by 30 centavos per liter

Niña Mae Oliverio and Emmariel Ares 11/28/2023

CEBU CITY, Philippines — Motorists this week can expect a slight increase in fuel prices, effective on November 28, Tuesday. Local oil firms announced in separate advisories that the price of kerosene will increase by 65 centavos…

Fuel prices rollback on Oct. 10

Meg J. Adonis 10/09/2023

MANILA—Fuel prices are expected to lower as a rollback is set on Tuesday, October 10, 2023. This as local oil firms announced cuts by up to P3.05 per liter. In separate advisories, the companies said they would cut…

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