Another response to the ongoing conflict in Ukraine, this time Russian oil prices can’t go any higher than the imposed ceiling.
The fifth fuel price rollback of 2022 will see P3.10 slashed off the per-liter price of diesel.
Most major local oil companies put the fuel price hike in effect beginning at 12:01 AM on Tuesday.
The war in Ukraine continues to send ripples throughout the global fuel supply.
After what seems like endless fuel price hikes, oil companies have set only the fourth rollback of the year for this Tuesday.
Fuel prices will receive a price hike for what will be the 14th time this year due to various global crises.
Pump prices will be on the rise again for the week of March 29 to April 24, 2022.
Caltex, Cleanfuel, Petro Gazz, Pilipinas Shell, Seaoil, Total, and Unioil will all participate in the rollbacks.
Amidst high prices, here’s a silver lining in the form of a fuel price rollback predicted by the Department of Energy.
Quezon City has already acted on its own as it began handing out P500 fuel vouchers to beneficiaries.
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Petron and Petro Gazz announced fuel price discounts amid rising prices in the Philippines.
The LTFRB has put its foot down and rejected calls to increase the minimum PUJ fare to P15.
The Department of Energy (DOE) has formed a task force to address possible coming oil supply shortages.
The cash grant will benefit around 178,000 jeepney drivers until the end of the year.
Fuel prices are dropping by a big margin due to several factors.
Better to ready your pockets and plan your budget wisely this year.
AVID blames the continuous sales downslide to the blowing up inflation rate and fuel price hike.
The Department of Energy is looking forward to bringing back Euro 2 diesel to provide less expensive fuel for older vehicles, especially PUVs.
Take note, though, that fuel price adjustments in the world market also affect its local retail value.