BIR suspends excise taxes on LPG and kerosene amid high crude oil prices
BIR issued RMC 100-2026 implementing tax suspensions on LPG and kerosene after Dubai crude prices exceeded the $80 threshold under EO 125.
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BIR issued RMC 100-2026 implementing tax suspensions on LPG and kerosene after Dubai crude prices exceeded the $80 threshold under EO 125.
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…
Diesel prices could drop by P3.50 to P4 per liter next week as easing supply concerns and rising regional fuel inventories push international oil prices lower.
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…
Gasoline and diesel prices are set to fall by up to ₱5 per liter next week as international oil prices drop and the peso strengthens against the US dollar.
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.
Unfortunately, the need to shore up dwindling crude oil supplies and contend with the intense demand that’s driving up current prices is compounded by another…
Changan Philippines launches the refreshed 2026 CS15, a compact crossover priced at P850,000, featuring updated exterior styling, 1.5L BlueCore engine, 10-inch…
DHSUD and DEPDev have issued the IRR for the updated socialized housing price ceiling, setting new limits for subdivision and condominium projects to support…
