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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…
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OIL FIRMS increased local retail prices this week by P1.10 a liter for gasoline, P1.50 for diesel and P1.10 for kerosene as market anticipation on proposed production cuts by exporters reflected on global trading last week (the…
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Driving is a way of life, whether it’s taking the kids to school, doing the grocery run or going to work; being behind the wheel is an essential part of our personal, family and work life.…
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OIL PRICES declined moderately this week as bullishness to the anticipated production cuts by the Organization of the Petroleum Exporting Countries (Opec) waned. Petron and Shell on Monday announced a rollback of 15 centavos per liter for…
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DESPITE the slump in oil prices, the country’s leading oil distributor and refiner Petron Corp. expects to post a banner year this 2016, with net profit seen reaching P18 billion as its upgraded Bataan refinery reaches optimal…
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The minimum jeepney fare goes down to P7 from P7.50 starting tomorrow (Friday), the Land Transportation Franchising and Regulatory Board (LTFRB) said Wednesday, as four public transport groups filed a petition for a voluntary fare rollback. The…
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THE YEAR 2016 may be the year when we start breathing a little easier. Not because of the economy or the elections, but because the Philippines is finally shifting to the Euro 4 emissions standard. The…
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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…
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DALLAS, United States — Oil prices have been lower for longer than expected. Now, with OPEC’s decision to keep pumping at current levels, analysts expect oil to remain relatively cheap well into 2016 and maybe longer. That,…
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Oil firms are rolling back prices for the 10th straight week, at least for gasoline, amid a lingering supply glut and slower demand from gas-guzzling economies such as China. Petron, Shell, and Seaoil said in separate advisories…
