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After the series of price cuts last month, fuel companies are set to jack prices of gasoline products by the pump. In their separate advisories over the weekend, oil firms Shell and Cleanfuel would jack the pump price of Gasoline by Php.85 per liter.  However, they would also cut their …

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After oil companies imposed an increase of more than PHP2 by the pump on petrol products, independent oil company Cleanfuel announced that it will impose a relatively-lower jack up.   In its advisory, Cleanfuel said that it would only add PHP2 per liter for the price of its gasoline products …

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The Department of Energy (DOE) is eyeing the creation of an inter-agency task force to address the possible fuel crisis. During the Senate Committee hearing on Energy, Rino Abad, director of the DOE’s Oil Industry Management Bureau, said that they will submit a proposal to the executive branch of their …

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After three consecutive rollbacks, fuel companies have hiked the prices on their pump today, Tuesday, June 18. Pilipinas Shell in its statement said that it has imposed an additional PHP0.35 on gasoline, PHP0.25 on kerosene, and PHP0.201 on diesel at 6 AM . Independent oil giant Cleanfuel posted similar price …

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What goes up must go down; and with the movement of world prices going up, oil prices increased by as much as P1 per liter this week. Unioil Philippines confirmed this in its weekly oil price adjustment announcement: The rise in oil prices marks the end of the oil price …

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They’ve been spiking up for two consecutive weeks now, and it looks like there’s no stopping local gas prices from taking more money out of car owners’ wallets for the third consecutive week now. And yes, we need to blame most of it to those nasty rising fuel prices in …

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Petroleum companies have rolled back by at least PHP2 per liter the average price of petroleum products this week, marking the eight straight week of fuel prices going down since mid-October. Unioil was the first to announce that it was cutting its pump prices by PHP2.20-2.30 per liter for diesel …

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Good news to all motorists: oil companies have rolled back the prices of most petroleum products starting last Saturday, November 24, from PHP2.20 per liter for diesel products and PHP1.10 per liter for gasoline. According to Manilastandard.net: “We will decrease the prices of gasoline by P1.10 per liter and diesel …

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The scheduled increase on fuel tax based on the effects of the Tax Reform for Acceleration and Inclusion (TRAIN) Law is eyed to be countered as soon the proposal at the Senate is approved into law. Senator Joel Villanueva filed Senate Bill (SB) 2014 to reverse the TRAIN LAw or …

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Oil companies announced that they are again lowering the prices of the various petroleum products this week. On average, the oil companies are cutting gasoline prices per liter by PhP2.40-2.50 and diesel by PhP2.00-2.10. Kerosene prices have also been rolled back by PhP1.70-1.80. UniOil and Petro Gazz were the first …

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The Department of Energy (DOE) is set to issue a policy by end of June this year for the stringent monitoring of the prices of petroleum products as part of its initiative to protect the interest of the consumers. The said policy enables the unbundling of the base prices of petroleum …

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