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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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Oil companies will be adjusting their products this week starting tomorrow. In its advisory, Pilipinas Shell will jack up the price of gasoline products by PHP0. 25 per liter while decreasing the prices of kerosene (PHP0.40 per liter) and diesel (P0.10 per liter) respectively come 6 AM, Tuesday, October 15. …

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The Department of Energy (DOE) is drafting a bill establishing a strategic petroleum reserve to cushion the impact of the rising oil prices on consumers and ensure supply security. DOE Assistant Secretary Leonido Pulido III said the department will soon be introducing the bill to Congress but did not give further …

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Energy Secretary Alfonso Cusi has asked 13 oil companies to explain the discrepancies in their price reductions. In a statement on Wednesday, October 2, the Department of Energy (DOE) said show-cause orders (SCOs) were issued “in view of the apparent difference in the oil price rollback calculations” of the department …

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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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