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…

Oil set to snap two-week losing streak on tightening supplies

Reuters 09/01/2023

SINGAPORE  – Oil prices were set to snap a two-week losing streak as they rose for a fourth consecutive session on Friday due to tightening supplies and expectations of the OPEC+ group of oil producers extending output…

PISTON-Cebu reiterates calls to slash oil taxes as fuel price hike continues

Morexette Marie Erram 08/23/2023

CEBU CITY, Philippines—The Cebu chapter of the Pagkakaisa ng mga Samahan ng Tsuper at Operator Nationwide (Piston) reiterated its calls for the government to eliminate oil taxes as the country faces successive rounds of fuel price hikes.…

Diesel price up by P4 per liter effective Aug 8

Meg J. Adonis 08/07/2023

MANILA  -Motorists have yet to get a reprieve from weeks of fuel price hikes, as local oil companies announced price increases of as much as P4 per liter—the highest such increase this year—effective on Tuesday, Aug. 8,…

Fuel prices soar by P3.50 in 6 gas stations in Cebu City

Niña Mae Oliverio and Emmariel Ares 08/01/2023

CEBU CITY, Philippines – Fuel prices jumped by as much as P3.50 per litter on Tuesday, August 1, 2023, as announced by local oil firms in separate advisories. The price of gasoline went up by P2.10 per…

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

CDN Digital 08/01/2023

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. 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…

Oil climbs on concerns Russia political issues may impact supply

Reuters 06/26/2023

SINGAPORE  – Oil prices rose in early Asian trade on Monday, June 26, 2023, after a failed mutiny by Russian mercenaries over the weekend raised concerns about political instability in Russia and the potential impact on oil…

Rollback of fuel prices on Tuesday

Meg J. Adonis 04/24/2023

MANILA  -Local oil firms will roll back pump prices of gasoline, diesel and kerosene by as much as P1.40 per liter effective Tuesday, April 25, 2023, ending a three-week streak of increases. In separate advisories, the companies…

Fuel subsidy: 427 more tricycle operators of Mandaue receive P5,000 aid 

Mary Rose Sagarino 08/22/2022

MANDAUE CITY, Philippines — More legitimate tricycle operators here received P5,000 fuel subsidy from the city government on Monday afternoon, August 22, at the Mandaue City Cultural and Sports Complex. Some 427 qualified operators and drivers were…

No fare hike in airlines for now despite rising fuel costs, CAB says

Daniza Fernandez 03/30/2022

MANILA, Philippines — There is no fare hike in airlines for now despite rising fuel costs, the Civil Aeronautics Board (CAB) said Tuesday. CAB operations head Eldric Peredo said that current airline fares are within their implemented…

Targeting: The way to go

Cielito F. Habito - @inquirerdotnet 03/22/2022

Oil prices have always been volatile since the early 1970s when the Organization of the Petroleum Exporting Countries began flexing its global muscles. In the last two years alone, the crude oil price per barrel has spanned…

CCCI members told to prepare for possible power shortage this summer

Delta Dyrecka Letigio 03/12/2022

CEBU CITY, Philippines — The business industry is urged to prepare for a possible power shortage this summer. Kenneth Co, the newly sworn president of the Cebu Chamber of Commerce and Industries (CCCI), said they have been…

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