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Higher fuel prices expected tomorrow

Oil companies will implement a hefty price increase for all petroleum products this week, with diesel registering the biggest hike at P1.20 per liter. It...

LTFRB wants more oil firms to participate in fuel subsidy program

Land Transportation Franchising and Regulatory Board (LTFRB) Chairman Martin B. Delgra on Wednesday, Aug. 29, urged fuel companies in the country to participate in...

Oil bounces after longest losing run since 2015 on supply risks

The prospect of tighter supplies from the U.S. to the North Sea and Iran is helping oil recover this week from the longest losing...

Oil firms oppose shift to Euro 2 diesel

INDEPENDENT oil companies are opposing the directive of the Energy department to make Euro 2 diesel available at their fuel retail stations, saying the move would require “significant” spending for a problem of the government’s doing.

PCA highlights economic gains in hiking coconut content in biodiesel

The Philippine Coconut Authority (PCA) and the Department of Agriculture (DA) will be vouching for the increase of coconut methyl ester (CME) content in...

To address inflation, DoE issues order that will bring back Euro...

The Department of Energy (DoE) has issued a directive to oil companies to start selling Euro 2 diesel even ahead of the Environment department's...

Petron earnings up by 16% in first half

Petron Corp. net income rose in the first half as sales volumes in its local and Malaysian markets were sustained while prices of petroleum...

Oil firms to lower fuel prices tomorrow

Oil companies are rolling back the cost of petroleum products this week, although at a rate lower than the price increases in recent weeks. Gasoline...

Fuel prices to rise tomorrow

After last week's brief respite, consumers are faced this week with another hefty oil price increase, with gasoline prices posting the biggest increase at...

Oil firms to cut fuel prices tomorrow

Oil companies are rolling back the prices of petroleum products this week, with kerosene having the biggest price cut at P1.25 per liter. Diesel prices...

Oil firms to raise gasoline prices tomorrow

For the third straight week this month, oil companies will be raising the price of gasoline but at a lower rate of increase compared...

Pump prices going up again

Consumers will have to bear another increase in pump prices this week, although milder the price adjustments in the previous week. Gasoline prices will rise...

Fuel prices to increase tomorrow, July 3

The prices of gasoline, diesel and kerosene will all increase this week to follow the movement of prices in the international market, oil companies...

Oil firms to lower fuel prices tomorrow, June 26

Oil companies will roll back the prices of petroleum products this week, with gasoline having the biggest cut at P1.15 per liter. Diesel will be...

DoE gives go-ahead to importing ‘cheaper’ diesel from Russia — Roque

Malacañang said on Tuesday, May 29, that the Department of Energy has given the green light to import “cheaper” diesel fuel from Russia. “May go...

Oil firms announce fuel price hike

Oil companies will be raising the prices of petroleum products this week, the third straight week that they will be doing so after a...

DoE to call for fuel tax suspension when average oil prices...

The tax reform law has a mechanism that calls for the Energy department to prompt the suspension of another increase in taxes imposed on...

Oil firms to raise fuel prices tomorrow

Oil companies will impose this week the biggest price increase for gasoline products so far this year at P1.60 per liter, with the prices...

DOE may require oil firms to disclose cost breakdown for fuel...

The Department of Energy (DoE) plans to be "stringent" in monitoring the prices of petroleum products by requiring oil companies to disclose the breakdown...

Oil firms to roll back fuel prices tomorrow

Oil companies will be rolling back the cost of petroleum products this week to reflect the movement of prices in the international market. Kerosene will...

Oil firms to hike fuel prices on Tuesday

After last week's price cut, oil companies this week will raise the prices of petroleum products to reflect the movement of prices in the...

Oil firms to cut gasoline, diesel prices tomorrow, April 10

After two straight weeks of big price increases, oil companies this week will be cutting the cost of gasoline and diesel while keeping unchanged...

Oil extends rally after US rigs decline as Iran risks persist

Oil’s rally above $65 a barrel is being propelled by a sign that American explorers have curtailed drilling activity as well as speculation that...

Fuel prices to go up this week

GASOLINE, diesel and kerosene prices will increase this week, oil companies said on Monday, April 2, pointing to the movement of prices in the...

Oil’s near $62 as US jobs fan optimism, rig drop eases...

Signs of strength in the U.S. economy and data showing American explorers curtailed drilling activity is helping oil hold gains after its biggest jump...

Rollback for fuel prices tomorrow

Oil companies are rolling back the price of petroleum products this week after two straight weeks of increases. Gasoline will be reduced by P0.35 per...

Oil rises as Libya’s biggest field briefly halts on pipe closure

Oil rose after its steepest weekly loss in a month as Libya was said to halt production briefly at its biggest field. Futures in New...

Oil trades below $62 as US stockpiles climb more than expected

Oil traded below $62 a barrel after falling the most in almost three weeks as U.S. data showed inventories and supplies both surged, amplifying...

Inflation likely to pick up pace in next two months —...

Inflation will likely peak at 4.5% over the next two months as it reels from the impact of higher crude prices and new taxes...

Fuel prices to drop tomorrow, Feb. 13

After seven straight weeks of price increases, oil companies this week will be cutting the price of diesel and kerosene by P1.30 per liter...

Fuel prices up this week

OIL COMPANIES are raising the prices of petroleum products this week to reflect the movement of prices in the international market. Gasoline products will...

Anticipated fuel price hikes start off new year

OIL COMPANIES will be raising the prices of petroleum products this week at rates generally milder than what consumers feared in view of the...

Inflation rate expected to stay elevated

By Melissa Luz T. Lopez Senior Reporter and Elijah Joseph C. Tubayan Reporter INFLATION in the last two months of the year could match October’s pace, a senior...

Inflation further picking up steam

INFLATION may have quickened in October -- on the back of higher fuel prices, utility rates, and a weaker peso -- but at a...

Oil prices drop this week

OIL COMPANIES are cutting the prices of petroleum products this week after more than a month of increases. Gasoline will be down by P0.50...

Food, oil, electricity spur Aug. inflation

HIGHER food, oil and electricity costs spurred prices of widely used goods and services in August at the fastest clip in three months, according...

Poll: Aug. inflation could be 3-month top

By Melissa Luz T. Lopez Senior Reporter THE OVERALL HIKE in prices of widely used goods and services could have quickened in August to its fastest...

Price hikes could have picked up in Aug.

HIGHER oil and electricity costs as well as rising rice prices likely drove inflation faster in August, the Bangko Sentral ng Pilipinas (BSP) said...

Price hikes expected to have picked up in July

By Melissa Luz T. Lopez Senior Reporter INFLATION likely picked up slightly in July on the back of higher prices of food, electricity, and fuel, analysts...

Fuel prices resume hike

PRICES of petroleum products resume their increase this week after last week’s break, with gasoline posting the biggest rise at P0.90 per liter (/L)​....

Inflation expected to have eased further in June

THE general year-on-year rise in prices of widely used goods and services likely eased further in June from May due to lower fuel and...

Inflation rate as of March 2016

Philippines' headline inflation rates in March 2016