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
September 18 –
International Equal Pay Day
“Increase wages now,
more than other cost items.
For widespread, practical equality!”
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
September –
5 Sept – Intl Day of Charity
7 Sept – Intl Day of Clean Air for Blue Skies
8 Sept – International Literacy Day
12 Sept – United Nations Day for South-South Cooperation
15 Sept – International Day of Democracy
16 Sept – International Day for the Preservation of the Ozone Layer
17 Sept – World Patient Safety Day
18 Sept – International Equal Pay Day
21 Sept – International Day of Peace
26 Sept – International Day for the Total Elimination of Nuclear Weapons
27 Sept – World Tourism Day
28 Sept – International Day for Universal Access to Information
29 Sept – International Day of Awareness of Food Loss and Waste
30 Sept – World Maritime Day
Monthly Observances:
Health, Safety and Sanitation Month
National Clean-up Month
Civil Service Month
National Peace Consciousness Month
Social Security Month
Rule of Law Month
National Teachers’ Month (Sept 5-Oct 4)
Weekly Observances:
Sept 17 – 23:
World Clean and Green Week
Week 2: Education Week
Week 4: Medicine Week
Last Week: National Family Week
Daily Observances:
Third Saturday:
International Coastal Clean-up Day
Third Monday: World Health Day
Last Friday: National Maritime Day
Sept 8: National Literacy Day
Sept 15: Philippine Medicine Day
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