Tag: headlines
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Major Pump Price Cut: Big Oil Rollback Set to Relieve Philippine Drivers This Week
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Energy companies across the Philippines are implementing a massive rollback in pump prices, bringing much-needed relief to consumers after weeks of volatile fluctuations. Starting Tuesday morning, fuel giants and independent retailers alike slashed prices per liter for gasoline, diesel, and kerosene under the directive of the Department of Energy (DOE).…
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Lawyers of Sanjia-Steel Claim Due Process Violations and Restricted Access to Detained Staff
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PHILIPPINE SANJIA STEEL CORPORATION OFFICIAL STATEMENT On May 15 and 16, 2026 authorities from the Presidential Anti-Organized Crime Commission (PAOCC) and other government agencies conducted operations at and subsequently secured Philippine Sanjia-Steel Corporation, purportedly in connection with two (2) search warrants involving the alleged handling and possible manufacture of hazardous…
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Price Watch: Global Oil Markets Brace for Fourth-Quarter Volatility
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As the global economy grapples with uneven growth and shifting energy dynamics, oil prices are heading into the final quarter of 2025 under intense pressure. Analysts from the International Energy Agency (IEA) and the U.S. Energy Information Administration (EIA) warn that volatility will define the remainder of the year, with…
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Price Pressure: How Global Conflicts Are Driving Oil Costs Up Again
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Introduction Global tensions and conflicts are once again placing upward pressure on oil prices, creating ripple effects that reach consumers, governments, and businesses—especially in countries heavily reliant on imports. For the Philippines, a net oil importer, any shock in international markets is felt acutely at the pump, through rising transport…
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Pump Prices Shift Again: Diesel, Kerosene Up; Gasoline Rolls Back Slightly
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Motorists and households brace for another round of mixed pump price adjustments this week, as fuel companies announced changes effective 6 a.m. Tuesday, September 30, 2025. According to industry advisories, gasoline will see a rollback of ₱0.20 per liter, while diesel and kerosene will each climb by ₱0.90 per liter.…
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Mixed Fuel Price Adjustments Expected Next Week
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METRO MANILA, Philippines — Motorists may see mixed adjustments in fuel prices next week as global oil market developments continue to influence local pump rates, industry sources said Friday. According to initial projections, gasoline prices may decrease by P0.10 to P0.30 per liter, while diesel prices are expected to rise…
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Fuel Rollback on the Horizon? DOE Hints at Possible Price Relief for Motorists
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After back-to-back fuel price hikes this week, Filipino motorists might soon catch a break at the pump. According to the Department of Energy (DOE), early market indicators suggest that petroleum prices could roll back next week—though officials remain cautious about confirming anything just yet. “For two days, based on MOPS…
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Slight Fuel Price Rollback Set for April 8; Diesel Prices to Remain Steady
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Motorists are in for a bit of relief as fuel prices are set to decrease this week, following two consecutive rounds of increases. In separate advisories, Seaoil Philippines Corp. and Shell Pilipinas Corp. announced that they will reduce pump prices by P0.10 per liter of gasoline and P0.50 per liter…
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Gasoline and Diesel Prices Set to Rise Next Week, Kerosene May See a Change
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Gasoline and diesel prices are expected to increase next week, while kerosene could either rise or drop slightly, according to the Department of Energy’s Oil Industry Management Bureau (DOE-OIMB) on Friday. DOE-OIMB assistant director Rodela Romero outlined the potential price changes for oil products: Gasoline: Increase of P0.30 to P0.70…
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Fuel Prices Expected to Rise Next Week – DOE
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Motorists should brace for higher fuel prices next week, according to the Department of Energy (DOE) on Friday. Based on international trading over the past four days, DOE-Oil Industry Management Bureau Assistant Director Rodela Romero shared the estimated price adjustments for petroleum products: Gasoline – Increase of P0.45 to P0.75…