MINDFUL of the mandatory use of the cleaner and more efficient global fuel standard called Euro 4, by January 2016, oil firms have started offering a full range of compliant fuel products. “It’s mandatory on Jan. 1…
INCLUDING the past weeks’ price cuts, oil firms have ticked off 17 oil price reductions and 14 hikes this year since January. But no matter, industry sources say, at least the price drops are no longer as drastic…
MANILA, Philippines — The first oil price adjustment for 2014 rolled back diesel and kerosene prices, reflecting the impact of crude stockpiles in the international market. Petron, Shell, Chevron and Seaoil said in separate announcements on Monday…
MANILA, Philippines—Oil firms are rolling back diesel prices lower than expected hiking gasoline prices amid weakened demand for heating fuel in markets going through the winter months. Shell announced Monday night that it will slash off 55…
Diesel prices are expected to go down by around 40 or 50 centavos this week but gasoline prices may go up by a commensurate amount, oil industry executives said. Ahead of other oil firms, Eastern Petroleum has…
MANILA, Philippines—Motorists are in for a cheerful ride during the long weekend as the oil companies have slashed pump prices nationwide, including in disaster-torn Cebu and Bohol. Price cuts nationwide (except in Cebu and Bohol) were as…
Unioil Petroleum Philippines is offering a full lineup of Euro IV-compliant products ahead of competition and well ahead of the 2016 mandate for clean fuel use.…