A Department of Energy official attributed the oil price hike to the international market, as production of oil had been tight. | JMangaluzINQ
Unioil had previously announced that beginning Tuesday to June 19, prices of oil products will increase as follows:http://EMBED: https://www.facebook.com/unioil/posts/pfbid02CByyapgZpCrSL3rEe2yDLyUE3fCAR4Lr1PA3HJpaaVsiHPNvr5URnnjj7RNB5AVLlThe DOE official attributed the hike to Saudi Arabia’s production cut, as they plan to trim off one million barrels a day from their production beginning July 1.
“Bali naghilahan yung dalawang kadahilanan, but still, mataas po yung average nung cost last week, so nahatak po pataas na presyo ang produktong petrolyo kaya maranasan natin yung increase tomorrow morning,” she said.
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.
PCG eyes completion of Mindoro oil spill cleanup by June 19The PCG projected that the siphoning of the remaining oil from the sunken MT Princess Empress in the waters of Oriental Mindoro would be completed on or before June 19, earlier than the timeframe estimated by the National Task Force on Oil Spill Management.
Read more »
Extraction of remaining oil spill in Oriental Mindoro to be completed by June 19 – PCGOf MT Princess Empress' eight tankers, two still contain a significant amount of oil, Philippine Coast Guard spokesperson Armand Balilo says.
Read more »
Mindoro oil spill cleanup to be completed by June 19—PCGThe siphoning operations of the remaining oil from the sunken MT Princess Empress in Oriental Mindoro is expected to be completed on June 19, a Coast Guard official said. ManilaBulletin READ:
Read more »
Oil removal from tanker completed by June 19The removal of the remaining fuel oil from the sunken MT Princess Empress off Oriental Mindoro is expected to be completed on June 19, Rear Adm. Armand Balilo, spokesperson for the Philippine Coast Guard, said. | JeromeAningINQ /PDI
Read more »
Cost of diesel to go up by P1.40 per literOIL companies are set to impose a steep price increase on Tuesday, June 13, 2023. READ HERE:
Read more »
No power plants affected so far by Mayon eruption - DOEPower plants near the restive Mayon Volcano have not been affected so far, according to the Department of Energy.
Read more »