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Fuel prices in Cebu City as of Feb. 6: Gasoline up by 75 centavos, diesel by P1.50

CEBU CITY, Philippines — Another round of increase in fuel prices greeted motorists on Tuesday, February 6. Local oil firms announced in separate advisories that the prices of gasoline will increase by 75 centavos per liter and diesel by P1.50 per liter. Meanwhile, kerosene was up by 80 centavos per liter. The Department of Energy.....»»

Category: newsSource:  inquirerRelated NewsFeb 6th, 2024

Fuel prices as of Jan. 30: Gasoline up by P2.80, diesel by P1.30 

CEBU CITY, Philippines – Local oil companies here have announced ta significant increase in the prices of fuel effective Tuesday, January 30, 2024. As a result, motorists in Cebu City will be facing a hefty increase in the prices of fuel products on the first week of February. This marks the fourth consecutive week of.....»»

Category: newsSource:  inquirerRelated NewsJan 30th, 2024

Flower prices seen to increase ahead of Valentine’s Day

According to some vendors, flower prices might double or triple next week, citing the anticipated high demand and steep prices of suppliers......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

Onion prices plunge; DA suspends imports

The Department of Agriculture has ordered the suspension of onion imports as the farmgate price of white onions went down to P18 per kilo amid the flooding of imported bulbs......»»

Category: newsSource:  philstarRelated NewsJan 20th, 2024

Mindoro MPAs still exceed grease limits nearly a year after oil spill — study

Residents and environmental advocates renewed their call for accountability and legal protection for the Verde Island Passage as oil and grease levels remained high in several protected areas a year after the oil spill in Oriental Mindoro......»»

Category: newsSource:  philstarRelated NewsFeb 22nd, 2024

Oil price hike expected on February 20

After last week’s price rollback, another oil price hike is expected to be implemented by oil firms next week......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

5th oil price hike set February 6

Oil firms will implement an oil price hike for the fifth straight week......»»

Category: newsSource:  philstarRelated NewsFeb 5th, 2024

Another oil price hike set on January 16

Oil firms will observe an oil price increase in the third week of January......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

Government OKs higher 60,000 MT potato imports at lower tariff

The Philippines has allowed the entry of more imported potatoes used for making chips and french fries at a lower tariff to meet the growing demand for the raw material by local snack manufacturers......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

Increasing demand for electric vehicles

The Department of Energy (DOE) in Mindanao has observed a growing demand for electric vehicles (EVs). Engr. Adrian Mel B. Delola, a Science Research Specialist II at DOE Mindanao Field Office, discussed this trend during the Kapehan sa Dabaw on January 15, 2024. He highlighted the impact of the Electric Vehicle Industry Development Act (Evida Law), implemented on April 15, 2022, which has contributed to the increasing interest in EVs. Delola acknowledged that the current cost of EVs is a concern but expressed optimism that as demand rises, the number of charging stations will increase and the cost of units will subsequently decrease. He also addressed the presence of hybrid models in key cities in Mindanao and the challenge of limited car dealerships facilitating their distribution. Additionally, Delola touched on the use of e-trikes, classified as light EVs under RA 11697, and the regulations regarding their weight and use on national highways. The DOE is working with various agencies to address issues related to the registration and use of e-trikes. Sellers are also advising consumers on the proper use of e-trikes for private purposes and cautioning against their use on national highways......»»

Category: newsSource:  sunstarRelated NewsJan 16th, 2024

Philippines struggles to lower rice price despite ample supply

MANILA, Feb. 16 (Xinhua) -- The Philippines continues to struggle to lower the price of rice despite an ample supply of the national staple, a Philippine agriculture official said Friday. Agriculture Undersecretary Roger Navarro said the Philippines has enough rice supply due to a bumper harvest last year and additional importation in January. "But it's difficult to reduce prices since the cost of the gra.....»»

Category: sportsSource:  abscbnRelated NewsFeb 17th, 2024

Philippines struggles to lower rice price despite ample supply

MANILA, Feb. 16 (Xinhua) -- The Philippines continues to struggle to lower the price of rice despite an ample supply of the national staple, a Philippine agriculture official said Friday. Agriculture Undersecretary Roger Navarro said the Philippines has enough rice supply due to a bumper harvest last year and additional importation in January. "But it's difficult to reduce prices since the cost of the gra.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

How Oil Prices Shape Your Daily Life

Ever thought about why crude oil prices matter? They seem like numbers on a screen, but they actually have an effect on what we pay for everyday necessities. Crude oil is what keeps the world going. It’s what fuels our cars, trucks, and planes, and it’s used to make items we use, from plastic to […].....»»

Category: newsSource:  metrocebuRelated NewsApr 10th, 2024

Diesel, kerosene, LPG price rollback set in 1st week of April

Oil firms will implement mixed adjustments in oil prices in the first week of April. .....»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Oil price hike expected this Holy Week

Oil firms are expected to implement an increase in pump prices on Holy Tuesday, March 26......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Over P1 fuel price hike seen next week

Oil prices are expected to increase next week, according to Department of Energy Oil Industry Management Bureau assistant director Rodela Romero......»»

Category: newsSource:  philstarRelated NewsFeb 17th, 2024

Oil prices up for fourth straight week

Here are the oil price adjustments in the last week of January......»»

Category: newsSource:  philstarRelated NewsJan 29th, 2024

Another oil price hike set on January 30

Here is the expected increase in oil prices for the last week of January......»»

Category: newsSource:  philstarRelated NewsJan 26th, 2024

Oil price hike set on January 23

Oil prices are expected to increase next week......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Philippines eyes stronger cooperation, economic ties with Germany

The Philippines and Germany are looking to step up cooperation in areas like minerals processing and investment financing to boost economic ties, according to the Department of Trade and Industry......»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024