The Department of Energy reported that several oil companies will implement a pump price hike on Tuesday (May 28, 2024). DOE Oil Industry Management Bureau assistant director Rodela Romero cites stronger dollars, increasing demand from China, and OPEC+ production cuts for the impending fuel price hikes.
Oil Price Hike Expected Next Week, Gasoline Stations Say PUMP PRICE UPDATE – Various gasoline stations in the country are expecting an oil price hike starting next week. On Friday (May 24, 2024), the Department of Energy (DOE) forecasted increases for gasoline, diesel, and kerosene next week as the peso goes weaker and production cuts … Read more
Pump Price Hike Expected on Tuesday (April 16, 2024), Oil Companies Say FUEL PRICE UPDATE – Several oil companies are set to impose another pump price hike for the fourth consecutive week. The increase in oil prices has a major impact on consumers in the Philippines, especially commuters and drivers who depend largely on fuel … Read more
Oil Industry Source Says Pump Price Hike Expected Next Week An oil industry source said that Filipino motorists should brace for an expected pump price hike starting next week. Oil price increases have become a common topic in recent years, affecting consumers, businesses, and economies all around the world. The price of oil, a critical … Read more
Oil Firms to Implement Another Round of Pump Price Hike on Tuesday (January 31, 2023) OIL PRICE ADJUSTMENT – Oil firms in the country informed the Filipino motorists to brace for another round of pump price hike. Nowadays, the cost of petroleum products is crucial to the economy of the nation. Pump price adjustment typically has a … Read more
Oil Firms to Impose Pump Price Hike on Tuesday (December 20, 2022) Several oil firms in the country were set to impose a pump price hike ahead of Christmas after a few weeks of price rollback. Over the past few decades, the prices of petroleum products play a very important role to the country’s economy. Pump price … Read more
Oil Companies to Impose Another Pump Price Hike on Tuesday (October 18) Various oil companies announced another round of pump price hike this week, which marks the second straight week of increases. Nowadays, the prices of petroleum products play a very important role to the country’s economy. Pump price adjustment usually causes significant impact on prices of products … Read more
Another Round of Pump Price Hike Expected Next Week, Oil Companies Says OIL PRICE INCREASE – Several oil companies announced the possibility of another pump price hike in the coming week. The prices of petroleum products play a very important role in the country’s economy. Pump price adjustment usually causes a significant impact on the prices of … Read more
Oil Firms to Implement Mixed Price Adjustments on Tuesday (August 2, 2022) Various oil firms in the country announced an increase on gasoline prices and rollback on prices of diesel and kerosene. Throughout the years, the prices of petroleum products play a very important role to the global economy. Pump price adjustment usually causes significant impact on prices … Read more
Oil Firms to Implement Another Round of Fuel Price Hike on Tuesday (June 28) Several oil companies announced another round of pump price hike starting on Tuesday for fifth consecutive weeks. Nowadays, the prices of petroleum products play a very important role to the country’s economy. Pump price adjustment usually causes significant impact on prices of products … Read more