Oil price breach opens door to excise tax relief
The DoE has triggered the process for possible petroleum excise tax relief after Dubai crude averaged $99.41 per barrel, above the $80 legal threshold.
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19,269 results for “oil price rollback reversal”
The DoE has triggered the process for possible petroleum excise tax relief after Dubai crude averaged $99.41 per barrel, above the $80 legal threshold.
The retreat came amid renewed concern over surging global oil prices and their impact on inflation, particularly after Brent crude broke above $100 a barrel as…
Motorists get major fuel price relief this week as gasoline, diesel and kerosene prices fall by up to P4.88 per liter, though global oil market volatility…
Motorists get major relief as gasoline, diesel and kerosene prices drop sharply this week, with cuts of up to nearly P5 per liter. Learn how much you can save…
The Department of Transportation (DOTr) pledges continued financial aid and relief measures for public transport drivers amid recurring oil price surges,…
Motorists are seen on queue to get their tank fill with gas in Manila, on July 26. l Zedrich Xylak Madrid Up to P6.50 per litter of gas is expected to rise on…
‘Our support for Ukraine and for a just and sustainable peace remains unwavering.’
Tumaas ang presyo ng kerosene, diesel, at gasolina ngayong araw. Alamin ang eksaktong dagdag-presyo at ang staggered implementation ng ilang kumpanya.
Inaasahan ang malaking pagtaas sa presyo ng langis ngayong linggo—hanggang ₱10.50/L sa diesel at ₱3.50–₱4.00/L sa gasolina—dulot ng tensyon sa Gitnang Silangan.
The Department of Energy is eyeing stricter weekly fuel price guidance as renewed global oil volatility hits Philippine pump prices, with Energy Secretary…
The Bureau of Internal Revenue said excise tax rates on kerosene and LPG automatically reverted to those prescribed under the National Internal Revenue Code,…
The Philippines has restored excise taxes on kerosene and LPG after global Dubai crude prices fell below the $80-per-barrel trigger, ending the temporary tax…
The Department of Energy says the worst of the oil price spike is over as global markets stabilize, with gasoline, diesel and kerosene prices set for mixed…
Oil prices ease but pump costs remain volatile as geopolitical risks linger. Learn how the US-Iran interim peace deal, recovering Strait of Hormuz shipments,…
Fuel prices are expected to drop significantly next week, with diesel potentially falling by up to P9.50 per liter and gasoline by as much as P5 per liter as…
Fuel prices in the Philippines are set to fall sharply as global oil markets shed their war premium. Discover how lower crude prices, improved diesel and…
‘I think that will again spike the prices more than anything else. Anything that happens there affects the prices. If there’s a declaration (of full closure)…