News Formal

Oil Companies to Increase Gasoline Prices, Cut Diesel and Kerosene Rates Next Week

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 28 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 55%

Economy Nieuws

Gasoline Prices,Diesel Prices,Kerosene Prices

Oil companies are expected to raise gasoline prices by P0.70 to P0.90 per liter while cutting diesel and kerosene prices by P0.20 to P0.40 per liter next week, according to the DOE. Additionally, Petron will increase LPG prices by P1.20/kg from December 1, 2024. Recent price hikes of up to P1.15 per liter for gasoline and diesel were announced on November 26, 2024.

Oil companies are set to increase gasoline prices, but price cuts on diesel and kerosene are expected next week.- Advertisement -

The DOE explained that a global oversupply of fuel is expected in the first quarter of 2025, along with a low demand.Petron meanwhile announced that for LPG, it will increase prices by P1.20/kg on Sunday, December 1, 2024. LPG firm Regasco earlier said it is also imposing an additional P0.50/kg. Seaoil Philippines, Chevron Philippines, Jetti Petroleum, PetroGazz, and PTT Philippines issued separate advisories of the latest oil price hike of P1.15 per liter for gasoline, P1.10 per liter for diesel, and kerosene by P0.80 per liter.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 20. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Sophos Study Reveals 83% of Companies Plan to Increase Cybersecurity BudgetsSophos research indicates that 83% of organizations will boost their cybersecurity budgets in the next 12 months, with half increasing spending through Managed Service Providers (MSPs). The study highlights the importance of enhancing cybersecurity around financial operations, risk management, and digital transformation.
Bron: MlaStandard - 🏆 20. / 55 Lees verder »