Changes in oil prices eyed this week

An adjustment in the price of petroleum products is expected this week amid the movement of oil prices in the global market.

Advisories from oil firms announced that the cost of a liter of gasoline may increase by 60 to 70 centavos. In the case of diesel price, there is a projected 10-centavo hike at the very least or no movement at all.

Meanwhile, kerosene prices may remain stable or may drop by five centavos per liter. – PTV News

Popular

DOE, DTI chiefs cite gains from signing of EO for EV incentives program

By Joann Villanueva | Philippine News Agency Prices of electric vehicles (EVs) in the country are projected to decline between 6% and 12% as domestic...

U.S. pledges P11.8B to back PH fight vs. HIV, TB

By Joyce Ann L. Rocamora | Philippine News Agency The United States is set to provide more than P11.8 billion ($193 million) to support a...

PBBM incentivizes electric vehicle manufacturing in PH

By Brian Campued Fresh from his 5th State of the Nation Address (SONA) pronouncements, President Ferdinand R. Marcos Jr. has issued Executive Order (EO) No....

DepEd ready to enforce new law strengthening education in last mile, underserved schools

By Brian Campued The Department of Education (DepEd) has mobilized its key offices in preparation for implementing Republic Act (RA) No. 12321, which institutionalizes government...