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…
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.…
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,…
OIL COMPANIES raised fuel prices this week as oil prices rallied sharply in international trading on speculation that Russia and members of Opec (Organization of the Petroleum Exporting Countries) might cut oil production in a bid to…
IN AN UNEXPECTED but welcome move, a transport group, not a consumer group, has called for a 50-centavo reduction in the jeepney minimum fare of P7.50 in Metro Manila and nearby areas. Efren de Luna, Alliance of…
LOCAL oil firms imposed mixed price adjustments this week to reflect changes in international oil trading. Petron announced the following price adjustments effective 12:01 a.m. Tuesday: A rollback of P1.75 per liter for diesel and P1.20 per…
OIL FIRMS made substantial cuts in fuel prices this week as expected amid continued weak demand for oil. Petron and Seaoil reduced prices of gasoline by 60 centavos per liter, diesel by P1.45 per liter and kerosene…
OIL FIRMS have cut diesel and kerosene prices as weakness lingered in international oil trading last week. No adjustments were made for gasoline. Petron and Seaoil trimmed 50 centavos off liter prices for diesel and 70 centavos…
MANILA, Philippines — Local oil companies are increasing the pump prices of petroleum products effective Tuesday (Dec. 1), partially offsetting the substantial price rollbacks implemented last week. According to their separate advisories, Pilipinas Shell Petroleum Corp. and Petron Philippines…
OIL FIRMS lowered pump prices today (Tuesday) as demand is seen to weaken further the rest of the year. Petron rolled back gasoline prices by P1 per liter, diesel by 35 centavos per liter and kerosene by…