MANILA, Philippines – Oil firms have raised the prices of all their petroleum products by 50 centavos per liter late Tuesday, giving consumers no time to refuel before implementing the price adjustments.
Petron Corp. implemented the increase Tuesday noon before announcing the price hike later at 11:45 p.m.
Seaoil Philippines Inc. and Chevron Philippines, followed suit, announcing the increase in their pump prices also at 11:45 p.m. Tuesday effective midnight.
Phoenix Petroleum succumbed to competitive pressure and will implement the same price increase at midnight today.
Shell has not announced a price increase in their petroleum products.
This is the third price hike in March and the sixth since January. This month, gas prices rose P2 per liter and diesel by P1.50 per liter.
Monitoring by the Department of Energy (DOE) showed that unleaded gasoline is retailed in the country at P42.70 to P45 per liter, diesel at P33.25 to P35.80 per liter, and kerosene at P41.15 to P47.50.
The price of Dubai crude, the benchmark of oil refiners, went up to $77 per barrel yesterday from an average of $73 per barrel in February. The price of unleaded gasoline from the region also rose to $91 per barrel from $87 last month; diesel price went up to $88 per barrel from $84 last month. –Donnabelle Gatdula (The Philippine Star)
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
October –
Monthly Observances:
Industry and Commerce Safety Month
National Statistics Month
Local Government Month
Consumer Welfare Month
Cooperative Month
National Quality and Productivity Improvement Month
National Health and Wellness Tourism Month
National Indigenous Peoples Month
Weekly Observances:
Week 1: Elderly Filipino Week
Week 2: National Health Education Week
Local Government Week
National Mental Health Week
October 17-23:
National Week for Overcoming Extreme Poverty
October 18 – 24:
United Nations Week
Last Week:
Nurses’ Week
Consumers’ Protection Week
Week of the 4th Sunday:
Barrio Farmers’ Week
Daily Observances:
First Monday (Oct 4): Universal Children’s Day i
n the Philippines
Oct 5: National Teachers’ Day
Oct 10: Local Government Day
Third Thursday (Oct 14): Conflict Resolution Day
Oct 21: Tenants’ Emancipation day
Oct 24: United Nations Day
Oct 29: National Indigenous People’s Thanksgiving Day
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