Oil price hike looms next week: P0.75/l

Philippines News News

Oil price hike looms next week: P0.75/l
Philippines Latest News,Philippines Headlines
  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 55%

Consumers can expect another round of oil price hike next week by as much as P0.75 per liter across all petroleum products. The Department of Energy Oil

Consumers can expect another round of oil price hike next week by as much as P0.75 per liter across all petroleum products.

Romero said the forecasted increase can be attributed to the Organization of the Petroleum Exporting Countries and Russian production data showing both declined in December. Jetti Petroleum president Leo Bellas estimated a slightly higher increase of P0.60 to P0.80 per liter for diesel and gasoline due to concerns about tightening supply as demand is seen to increase.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MlaStandard /  🏆 20. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

LBC is as full speed as it races toward 75 years of excellenceLBC is as full speed as it races toward 75 years of excellenceLBC Express, the Philippines' foremost name in logistics, recently hosted its annual Shippers' Night, billed 'Shippers' Night 2024: Full Speed.'
Read more »

Pacific Cross celebrates 75 years of legacy in medical, travel insurancePacific Cross celebrates 75 years of legacy in medical, travel insurancePacific Cross celebrates 75 years of legacy in medical, travel insurance
Read more »

'Two nations, one fashion': Celebrating 75 years of friendship between Indonesia and the Philippines'Two nations, one fashion': Celebrating 75 years of friendship between Indonesia and the Philippines“Two Nations, One Fashion”, the much-awaited fashion show of the year, completely mesmerized the audience and left them in awe of the creations of two distinguished fashion icons, who sashayed their collections one after another.
Read more »

75-anyos na lalaki, nasawi matapos mabundol ng motorsiklo sa Pangasinan75-anyos na lalaki, nasawi matapos mabundol ng motorsiklo sa PangasinanNasawi ang isang 75-anyos na lalaki matapos siyang mabundol ng isang motorsiklo habang tumatawid ng kalsada sa Santa Barbara, Pangasinan.
Read more »

Ferrari bids Carlos Sainz Jr goodbye by letting him share the track with his dadFerrari bids Carlos Sainz Jr goodbye by letting him share the track with his dadFerrari brought out another F1-75 just for Sainz Sr. to drive
Read more »

Canadian Embassy Celebrates 75 Years of Diplomacy with Filipino JournalistCanadian Embassy Celebrates 75 Years of Diplomacy with Filipino JournalistRenowned Filipino journalist Rhea Santos-De Guzman visited the Canadian Embassy in the Philippines to mark 75 years of diplomatic relations between the two countries. The occasion featured the '75 Faces of Migration' project, showcasing Santos-De Guzman's journey as a migrant and highlighting the contributions of Filipino-Canadians.
Read more »



Render Time: 2025-03-23 03:35:55