Oil firms hike pump prices anew

Published by rudy Date posted on April 1, 2009

MANILA, Philippines – Pilipinas Shell Petroleum Corp. will increase today the pump price of diesel by P1.50 per liter while gasoline and kerosene prices will be raised by P1 per liter.

Petron will also implement a P1 per liter increase in the prices of gasoline and kerosene and P1.50 per liter for diesel effective today. At the same time, it will roll back the price of liquefied petroleum gas (LPG) by P2 per kilo.

PTT Philippines will hike the pump prices of gasoline and diesel by P1 per liter effective 6 a.m. today.

Shell said the recent domestic oil price hikes were consistent with the increase in prices in the international market.

“This is to reflect higher product costs,” Shell said in an advisory sent to media yesterday.

The price of liquefied petroleum gas (LPG) of Shell will be reduced by P2 per kilo. International contract price of LPG dropped to $456 per metric ton from $505 per MT.

Shell earlier issued a statement clarifying its oil price movements after a meeting with the Department of Energy and various industry stakeholders, including Consumer & Oil Price Watch.

Shell external affairs general manager Roberto Kanapi said it has implemented upward adjustments of 50 centavos per liter on diesel and 75 centavos per liter on gasoline on March 28, reflecting higher international product prices and foreign exchange during the previous week, computed on a moving average weekly basis.

Kanapi said the timely implementation of price adjustments is aligned with the company’s aims of ensuring greater pricing transparency.–Donnabelle Gatdula, Philippine Star

March –
IT’S WOMEN’S MONTH!

“Respect and support women
every day of the year/s!”

Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.

Accept the National Unity Government (NUG) 
of Myanmar.  Reject Military!

#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

 

Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
   Women’s Week
Week 3: Philippine Industry and “
   Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
   of the Girl Child Week
Daily Observances:

March 8: Women’s Rights and   
   International Peace Day;
   National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
   of Racial Discrimination
March 23: International Day for the Right to the Truth
   Concerning Gross Human Rights Violations
   and for the Dignity of Victims
March 25: International Day of Remembrance of the
   Victims of Slavery and the Transatlantic Slave Trade
March 27: Earth Hour

Categories

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.