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Gov’t ready to suspend excise tax on fuels

The government is set to suspend the excise taxes on fuels in case global oil prices average above $80 a barrel for three straight months. An interagency committee would issue in the next few weeks the guidelines on the suspension in case a provision in the Tax Reform for Acceleration and Inclusion (TRAIN) Act is […]

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Higher fuel prices add to burden of consumers

Pump prices of oil products went up for the eighth time in as many weeks, increasing by up to P1.35 a liter on Tuesday, the biggest jump over the past two months that pushed fuel prices to their highest levels in a decade. The latest round of fuel price increases could further fan the fires […]

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Diesel, gasoline pump prices up anew

Oil firms on Monday raised pump rates after two weeks of price cuts as producers regained their bullish sentiments, pushing up global prices. Starting 6 a.m., prices of diesel went up by 85 centavos per liter while those of gasoline went up 65 centavos. Those that have announced price changes included Pilipinas Shell, Flying V, […]

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Senators warn P6 tax on fuel inflationary

The government proposal to impose excise taxes on fuel could lead to price increases that would burden poor Filipinos, two senators said on Sunday. Sen. Sonny Angara, chair of the Senate ways and means committee, said the Department of Social Welfare and Development (DSWD) was against the P6 excise tax on fuel under the administration’s […]

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Oil firms jack up pump prices

Pump prices of petroleum products went up today (Tuesday) after three straight weeks of decline as the global glut was deemed to have been easing. Local oil firms raised prices as early as midnight of Tuesday, with the price of gasoline rising by 30 centavos per liter. There were no changes in the pump prices […]

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Oil prices rally as OPEC discusses output cut

VIENNA  — The price of oil is rallying as OPEC countries discuss how to cut the cartel’s production levels and support the market. The international benchmark for crude oil, Brent, was up $2.37 at $48.75 a barrel on Wednesday, recovering steep losses from the day before, as the cartel’s oil ministers met in Vienna. A […]

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Oil firms cut gasoline, hike diesel prices

LOCAL oil firms cut gasoline prices but raised the cost of diesel and kerosene at the pump, continuing the price trend set last week. Shell and Seaoil implemented a rollback for gasoline of 25 centavos per liter and a price hike for diesel of 30 centavos per liter and kerosene of 15 centavos per liter […]

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Fuel prices up on jitters

LOCAL oil firms raised prices significantly this week as market jitters drove trading and wildfires in Canadian oil sites and violence in Nigeria’s oil-rich Niger Delta added to supply concerns. Shell and Seaoil said separately they would impose price hikes of P1.20 per liter for gasoline, P1 per liter for diesel and P1.25 per liter […]

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Gasoline prices up, but diesel prices down

LOCAL oil firms implemented mixed fuel price adjustments this week amid increased market volatility as members of the Organization of Petroleum Exporting Countries (Opec) remain divided on how to respond to the continued drop in oil prices. In separate announcements, major oil firms Petron and Shell raised the price of gasoline by 20 centavos per […]

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Gasoline price down, diesel up on ‘volatility’

LOCAL oil firms cut gasoline prices but raised diesel prices as trading turned volatile amid clashes between oversupply and lobbying on price controls. Petron, Shell and Seaoil reduced the price of gasoline by 70 centavos per liter, but at the same time increased the price of diesel and kerosene by 95 centavos and P1.05 per […]

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Oct 17, 2018

That's what the Land Transportation Office, under Francis Ray Almora, Director for Law Enforcement in the agency will have

Oct 10, 2018

Last weekend’s race proved to be on-the-edge-of-your-seat exciting that I just had to write about it again.

Oct 10, 2018

P-ara kanino ka bumaban--gon? Who do you wake up for?

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