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)
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
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
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