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)
It’s women’s month!
“Support women every day of the year!”
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:
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
Mar 4— Employee Appreciation Day
Mar 15 — World Consumer Rights Day
Mar 18 — Global Recycling Day
Mar 21 — International Day for the Elimination of Racial Discrimination
Mar 23 — International Day for the Right to the Truth concerning Gross Human Rights Violations and for the Dignity of Victims
Mar 25 — International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade
Mar 27 — Earth Hour
