Oil players have added a new burden to the constantly increasing prices of fuel products, one peso on each liter of diesel fuel and on every liter of kerosene as well as 50 centavos on each liter of gasoline.
Oil executives claimed this new round of oil increase, actually the second this week, was an adjustment to reflect oil prices in the world market.
Independent players Seaoil Philippines Inc. and PTT increased their oil prices, following the price increases that oil firms Pilipinas Shell, Flying V, Chevron Philippines Inc. and Total carried out yesterday.
With the newest increase, the retail price per liter of Shell’s and Chevron’s diesel fuel now stands at P28.80 while their unleaded gasoline now fetches a price of P35 a liter, and their kerosene, P35 a liter.
Pump prices at Flying V and Total gas stations are now P25.50 a liter for diesel; P31 a liter for unleaded, and P35 a liter for kerosene.
It is recalled that these oil firms on Wednesday jacked up the prices of their fuel products by as low as P1 to as much as P1.50 per liter.
Jose Victor Cruz, vice president of Flying V, said the oil firms were compelled
to adjust their retail prices after world crude oil price jumped to $60 a barrel last week.
Cruz also said they would further increase their retail prices should should the cost of crude oil in the world market continue to rise.
The Department of Energy reported that as of April 1, average Dubai crude oil price stood at US$47 per barrel as against US$46 per barrel in March, the Department of Energy (DoE) reported.
So far this year, gasoline prices have been jacked up by P6.25 a liter; diesel by P4 a liter and kerosene, by P2.50 a liter.–Pat C. Santos, Daily Tribune
World Day for Safety and Health at Work
“Safety and health at work every day!”
Invoke Article 33 of the ILO constitution
against the military junta in Myanmar to carry out the 2021 ILO Commission of Inquiry recommendations against serious violations of Forced Labour and Freedom of Association protocols.
Accept National Unity Government
(NUG) of Myanmar.
Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideos
Monthly Observances:
March – Women’s Role in History Month
April – Month of Planet Earth
Weekly Observances:
Last Week of March: Protection and Gender Fair Treatment of the Girl Child Week
Last Week of April – World Immunization Week
Daily Observances:
Mar 25 – International Day of Remembrance of the Victims of Slavery and the Transallantic Slave Trade
Mar 27– Earth Hour
Apr 21 – Civil Service Day
Apr 22 – World Earth Day
Apr 28 – World Day for Safety and Health at Work
