Fuel price hike seen next week
Motorists should brace for another fuel price hike next week due to tightening global oil production.
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Daily TribuneTopic
Motorists should brace for another fuel price hike next week due to tightening global oil production.
· 1 min read
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Motorists can expect a welcome relief as the New Year brings a rollback in fuel prices, following last week’s increase.
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This estimated adjustment is triggered by the International Energy Agency’s continued expectation of an oversupplied oil market in 2025, even if OPEC+ holds…
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The Bureau of Customs (BOC) has seized a total of P84.36 billion worth of smuggled goods as of 30 November, 2024, according to a report released by the…
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Motorists are feeling the pinch this week as fuel prices climb yet again, just as the Christmas season kicks into high gear.
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At least P1.8 billion worth of fuel subsidy to public drivers has not yet been distributed by the Department of Transportation (DoTR) as of yearend of 2023,…
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The prices of fuel sold at the local pumps are displaying mixed movements in response to geopolitical and market factors, with both rollbacks and increases…
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According to Rodela Romero, Director of the Department of Energy's Oil Management Bureau, oil prices are moving in mixed directions due to various global…
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‘We’re excited to start another conference since we fell short in the last one and it left a bad taste so we want bounce back.’
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The potential closure of Russian oil refineries, stemming from heavy financial losses and declining production, has further tightened supply
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Fuel companies announced on Monday price hikes of P1.15 per liter for gasoline, P1.10 per liter for diesel, and P0.80 per liter for kerosene, set to take…
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It said that diesel prices will increase by P0.90 to P1.10 per liter, while gasoline will hike by P0.90 to P1.10 per liter starting Tuesday next week.
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Top Line Business Development Corp. (Top Line), a fuel retailer based in Cebu, has postponed its initial public offering (IPO), now targeting the first quarter…
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