Friday, May 1, 2026
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Tag: oil price

Gov’t caps oil price hike, rollback

The government is setting a limit to price adjustments implemented by oil firms to prevent profiteering under the declared energy emergency, Energy Secretary Sharon...

DOE: Another oil price cut next week

THE Department of Energy confirmed on Wednesday the possibility of a fuel price rollback next week, with an industry source projecting a decrease of...

PH stocks snap winning streak on ME tension, oil price fears

Profit-taking activities ended a two-day winning streak for the benchmark stock index Thursday as geopolitical tensions weighed on investor sentiment. The Philippine Stock Exchange index...

Oil firms agree to P1 cut for PUVs

Four major fuel companies have agreed to provide a P1 peso discount per liter to public utility vehicle (PUV) drivers to help them cope...

Oil price shock up: P5/liter

BSP warns oil risk plus peso depreciation may push inflation over 5% The Department of Energy warned domestic pump prices could increase by P5 per...

BSP: Oil price surge may lift inflation above 5%

Inflation rate in the Philippines could exceed 5 percent if global oil benchmarks, particularly Dubai crude, reach $100 per barrel and the peso sharply...

Consumers should expect 1-peso oil rollback this week

Consumers can expect an oil price rollback of as much as P1 per liter on Tuesday after three consecutive weeks of oil price hikes...

DOE sees new round of oil price movement

The Department of Energy (DOE) expects another mixed oil price movement next week amid the ongoing geopolitical concerns and uncertainty in the Middle East. DOE Oil Industry...

DOE sees mixed oil price movement

Consumers can expect another mixed oil price movement next week amid the ongoing volatility in the world oil prices. The Department of Energy (DOE) predicted...

DOE sees oil price rollback next week

Consumers can expect a rollback in the price of petroleum products next week by as much as P1 per liter due to the softening...

Slowing demand to trigger big time oil price rollback

The Department of Energy announced a possible big time oil price rollback of as much as P1.65 per liter next week due to the...

Power rates go up by P2/kWh, oil prices roll back

Power rates will increase by more than P2 this month due to higher generation charge as pump prices decline after four weeks of price...

Gas price up, diesel down

Oil prices will have a mixed movement starting 6am Tuesday with gasoline increasing by P0.55 per liter and diesel and kerosene having a price...

Gasoline up, but diesel, kerosene costs down today

Local oil firms will implement a mixed oil price movement effective 6 a.m. Tuesday, with gasoline prices increasing by P0.50 per liter while diesel...
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