Articles worth reading
Michael Vainio as country manager helms operations as Dutch brewer eyes PH as key growth market in SEA

Heineken updates corporate identity in PH 

account_balanceMetro Manila access_time4 days ago

Filipino beer lovers have more reason to celebrate as HEINEKEN, maker of the world’s most international premium beer, boosts its presence in the Philippines by re-establishing itself with a new corporate identity. The move comes following the ...

Environmental group to President-elect Marcos: Prioritize environmental issues

account_balanceMetro Manila access_time4 days ago

“We call on President-elect Marcos to prioritize the ratification of the Basel Ban Amendment, implement measures for sound chemicals and wastes management, and the total ban of waste importation to protect our nation from becoming the world&rsq...

UAE magazine recognizes Makati school

account_balanceMakati access_time4 days ago

Recognized for its game-changing feats and strong focus on IT and Design courses, Makati-based iACADEMY is awarded as Most Innovative Design School, and Best New School for Music Production and Technology in 2022 by International Business Magazine al...

Metro News

Oil firms hike gasoline prices, cut cost of diesel 

account_balanceMetro News account_circleRyan Chua chat_bubble_outline0 Comments

Oil companies adjusted petroleum prices on Tuesday, according to a report by Philippine News Agency.

In separate advisories, Caltex, Cleanfuel, Petro Gazz, PTT Philippines, Seaoil, Shell, and Unioil said they will hike gasoline prices by PHP3.95 per liter and will reduce diesel prices by PHP2.30 per liter.

Caltex, Seaoil, and Shell will also implement a rollback on prices of kerosene by PHP2.45 per liter.

Advertisement

This is the second straight week that oil firms are implementing big-time rollback on diesel and kerosene.

Meanwhile, the increase in gasoline prices this week is higher than the PHP0.40 per liter price reduction last week.

The net increase in gasoline prices since the start of the year stood at PHP20.85 per liter, a PHP30.30 net increase on diesel, and a PHP26.7 net hike in kerosene prices.

According to OilPrice.com, the oil market became volatile as bullish and bearish outlooks collided.

Fuel inventories continue to impact prices, but the market fears a looming recession with the gloomier global economic outlook.


date_rangeDate Published
1 month ago
shareShare article
folder_openArticle tags
content_copyCategorized under

Share your thoughts with us

Related Articles

DILG Secretary Eduardo A%uFFFDo

DILG won't jam mobile signals on June 30 inauguration

account_balanceMetro Manila chrome_reader_mode3 days ago

The Department of the Interior and Local Government (DILG) said there are no plans to jam mobile phone signals during the inauguration of President-elect Ferdinand "Bongbong" Marcos Jr. at the National Museum of the Philippines on Thursday,...

Valencia owned property firm acquires from Pag Ibig Fund 8,000 housing units; set to relaunch GA Tower in EDSA

account_balanceMandaluyong chrome_reader_mode3 days ago

A PIONEERING real estate development company in the country has acquired and taken over the re-development and disposal of multi-billion worth of housing inventory from the government’s Home Development Mutual Fund (HDMF) or Pag-ibig Fund....

Citizens help Marikina achieve disaster resiliency 

account_balanceMarikina chrome_reader_mode6 days ago

“Ang secret ng resiliency ng Marikina is the partnership between the government and the citizens of Marikina,” said Dave C. David, the chief of the city’s Disaster Risk Reduction and Management Office (DRRMO) in a conference for mul...

Globe stops 138 million spam, scam texts 

account_balanceMetro Manila chrome_reader_mode5 days ago

Mobile telecommunications and broadband provider Globe Telecom Inc. (Globe) has blocked over 138 million spam and scam text messages from January to June 15 this year, preventing Filipinos from engaging with malicious entities through SMS, accor...

Let's Stay Connected Like us on our Facebook page.
×
Click on the article to continue reading
Quezon City adopts no contact apprehension system Red Cross pushes saliva test Vaccines from COVAX to arrive in Q1 Makati Shangri-La to close doors on Feb. 1 Cities in NCR to start vaccination simultaneously Mother, girlfriend of Filipino infected with UK variant also test positive Send Press Release MNC Facebook Page MNC Twitter Page MNC Instagram Page LGU Spotlight Barangay Front Business Sports Entertainment Metro Gen Metro Feature