LPG Price Hike Imposed By Oil Companies Starting August 1 (Wednesday) Philippines – Oil companies have already imposed LPG price hike, which immediately takes effect on the first day of August 2018. On Wednesday (August 01, 2018), the oil companies in the Philippines have set an increase on the price of Liquefied Petroleum Gas (LPG). In an … Read more
DOE Announced Possible Price Hike On Petroleum Products The Department of Energy (DOE) said that the prices of local petroleum products could possible increase from P0.50 up to P1.00/liter. Petroleum products become one of our daily essential needs such as for transportation, cooking, and other possible uses. Movement on its price can possibly affect the … Read more
The world oil prices drop to its lowest level in 12 years or since the 2003 world oil prices, after the West lifted sanctions on the Islamic Republic of Iran, paving the way for higher crude exports from one of the world’s biggest producers of crude oil. 19 According to a news report from Associated … Read more