Latest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Motorists will get a slight reprieve this week, as oil firms on Monday announced a pump price rollback after four consecutive weeks of increases.In separate advisories, Seaoil Philippines Corp. and Shell Pilipinas Corp. said they will lower prices per liter of gasoline by P0.60, diesel by P0.95, and kerosene by P1.15.Cleanfuel and Petro Gazz will implement the same changes, excluding kerosene which they do not carry.The changes will take effect at 6 a.m.
the same day.Other firms have yet to make announcements for the week.The latest advisories are in line with projections made by the Department of Energy’s Oil Industry Management Bureau , citing the weak inflation data in China, Hurricane Beryl, and the performance of the US dollar.Firms last week hiked prices per liter of gasoline by P1.60, diesel by P0.65, and kerosene by P0.60.This brought year-to-date adjustments to a net increase of P10.85 per liter for gasoline, P9.
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.
Second straight big-time pump price hike set TuesdayLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »
Major pump price hike set TuesdayLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »
IBP stands firm: Asserting Philippine sovereignty in the West Philippine SeaThe Integrated Bar of the Philippines (IBP), the official organization of Philippine lawyers, is one with the Filipino people and the Philippine government in asserting our country’s sovereign rights in the West Philippine Sea.
Read more »
Vatican foreign minister to meet Marcos, CBCPLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »
Viral video leads to evidence-planting questions in Iloilo townLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »
COCOPEA says some private schools seeking tuition fee hikesLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »