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Oil firms announce pump price rollback

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INQUIRER FILE PHOTO

Oil prices are sliding this week on weaker trading and an overall expectation of market gloom amid ample US crude supply in coming weeks.

Posted: April 7th, 2014 in Latest Business Stories | Read More »

Petron raises $120M for upgrade of Bataan oil refinery

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INQUIRER.net FILE PHOTO

The country’s largest oil refiner and distributor Petron Corp. has raised $120 million from the capital market to complete its Bataan oil refinery upgrade program.

Posted: March 27th, 2014 in Latest Business Stories | Read More »

Petron ’13 income surges on PH, Malaysia sales

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INQUIRER.net FILE PHOTO

Petron Corp. nearly tripled its net income in 2013 on the back of its sales performance in Malaysia.

Posted: March 25th, 2014 in Headlines | Read More »

Oil prices mixed; gasoline, kerosene rates cut, diesel prices to go up

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INQUIRER FILE PHOTO

Oil firms are implementing mixed adjustments in fuel products, citing international price movements.

Posted: March 24th, 2014 in Latest Business Stories | Read More »

6 oil firms announce pump price cuts

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AFP FILE PHOTO

Oil firms are rolling back oil prices, citing downward adjustments in international prices.

Posted: March 17th, 2014 in Latest Business Stories | Read More »

Solane LPG to cut prices March 1

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INQUIRER file photo

MANILA, Philippines — Solane-branded iquefied petroleum gas (LPG) is set to roll back its prices starting Saturday, March 1, according to the Isla LPG.   In an advisory on Thursday, the Isla LPG said it would reduce prices by P4.68 per kilogram (VAT inclusive) effective 12:01 a.m. on March 1.           [...]

Posted: February 27th, 2014 in Latest Business Stories | Read More »

Shell, Eastern Petroleum raise pump prices at 6 a.m. Tuesday

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AFP PHOTO

Local oil companies have hiked prices of fuel products starting Tuesday, to reflect the increases in oil prices abroad.

Posted: February 4th, 2014 in Latest Business Stories | Read More »

Gov’t says LPG supply to remain stable

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INQUIRER file photo

Amid mixed speculation on liquefied petroleum gas (LPG) prices next month, the Department of Energy (DOE) said Wednesday it expected supply of the cooking fuel to remain stable.

Posted: January 30th, 2014 in Editor's Pick,Headlines | Read More »

Oil prices rise for first time in 2014

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AP FILE PHOTO

Oil firms announced their first price hike for the year as fuel demand recovered following three straight weeks of decline.

Posted: January 28th, 2014 in Latest Business Stories | Read More »

Higher gas, diesel prices seen this week

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AFP FILE PHOTO

Gasoline and diesel prices are expected to rise this week after three straight weeks of price rollbacks since the start of the year as demand seems to have finally caught up with supply, according to oil industry sources.

Posted: January 28th, 2014 in Latest Business Stories | Read More »

Oil firms cut diesel, kerosene prices

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INQUIRER FILE PHOTO

The first oil price adjustment for 2014 rolled back diesel and kerosene prices, reflecting the impact of crude stockpiles in the international market.

Posted: January 6th, 2014 in Latest Business Stories | Read More »

LPG prices rise due to tight supply; gasoline, diesel price hikes seen

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INQUIRER file photo

Retail prices of liquefied petroleum gas (LPG) grew to as much as P14.30 per kilogram starting on Monday, amid long lines at distribution hubs in Batangas. Tight supply would also lead to price hikes for gasoline and diesel.

Posted: December 2nd, 2013 in Latest Business Stories | Read More »

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