Category : Search result: oil price hike


Oil Firms Announce Fuel Price Hike Effective Jan 13

Gasoline and diesel prices increase in the Philippines starting Tuesday. Seaoil and PTT announce hikes, marking a reversal for gasoline and a third consecutive weekly rise for diesel. Get the latest updates.

Diesel, Kerosene Prices Up PHP0.60/L on Tuesday

Oil companies announce a PHP0.60 per liter increase for diesel and kerosene starting Dec. 30, reversing last week's rollback. Gasoline prices remain unchanged. Learn the reasons behind the hike.

Japan's November Trade Surplus Hits $2 Billion

Japan recorded a 322.3 billion yen trade surplus in November as exports rose 6.1%. This strengthens expectations for a Bank of Japan interest rate increase. Read the full analysis.

DPWH 2026 budget cut, Dizon vows clean projects

DPWH Sec. Vince Dizon commits to proper project implementation despite a P351.7B budget cut. Savings from cost standardization realigned to PhilHealth, disaster fund. Read more.

Cebu Rice Prices Jump P700-P1,000 per Sack

Cebu faces a sharp rice price hike due to supply shortages from delayed imports, typhoons, and bulk government purchases. Learn the causes and current costs.

No Fare Hike for Jeepneys After Oil Price Drop

The LTFRB announces no fare increase for traditional and modern jeepneys following a significant diesel price rollback. Officials cite economic recovery and inflation concerns. Read the full story.

Gov't Raises Socialized Housing Price Ceilings

The Philippine government has approved higher price ceilings for socialized housing to P950,000, aiming to revive stalled projects and boost supply under the 4PH Program. Learn how this affects developers and homebuyers.

OPEC+ Pauses Oil Production Increases in 2026

OPEC+ suspends planned oil output hikes for January-March 2026, citing seasonality. The alliance, led by Saudi Arabia and Russia, opts for a cautious stance. Discover what this means for global oil markets and the Philippines.

Mixed Fuel Price Adjustments Announced for December 1

Oil firms announced a major P2.90/liter diesel rollback and a P3.20/liter kerosene cut on Dec 1, while gasoline increased slightly. Get the latest on fuel price trends and the global factors driving the changes.

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