oil price rollback - updates

Rappler's latest stories on oil price rollback


Oil to plunge by over P4 per liter as coronavirus slows economy

Mar 15, 2020 - 6:25 PM

Oil prices are plunging further on Tuesday, March 17, but motorists' movements will be restricted due to the community quarantine in Metro Manila

Oil price rollback on March 10 as global prices plunge

Mar 09, 2020 - 11:30 PM

With the deepening impact of the novel coronavirus worldwide, oil prices tumble

Big-time rollback on March 3 as coronavirus hits global demand

Mar 02, 2020 - 6:50 PM

Philippine oil firms are slashing prices by over P1 per liter as demand drops in China, the world's top oil importer, due to closures triggered by the novel coronavirus

Gasoline prices up, diesel down on November 19

Nov 18, 2019 - 8:05 PM

Oil companies will implement slightly varying adjustments. Check out which ones are implementing higher or lower rates here.

Oil companies to cut prices for 2nd straight week

Oct 07, 2019 - 9:55 PM

Get ready to fill that tank on Tuesday, October 8, as oil companies will slash prices again

ROLLBACK. Prices of petroleum products will go down for the 2nd straight week. File photo by Rafael Taboy/Rappler

DOE asks oil companies to explain latest price adjustments

Oct 02, 2019 - 8:35 PM

The Department of Energy says oil firms could have implemented even lower rates this week, but did not do so

Gasoline, diesel prices slightly going down on August 27

Aug 26, 2019 - 10:20 PM

But kerosene prices will increase on Tuesday, August 27

Current gas prices at a QC Gas Station. August 20, 2018. Photo by Jire Carreon/Rappler

Fuel price rollback set for August 13

Aug 12, 2019 - 2:05 PM

After no adjustments the previous week, pump prices are going down on Tuesday, August 13

Gasoline prices down, diesel up on July 30

Jul 29, 2019 - 6:00 PM

Gasoline prices will get a reduction of almost P1 per liter, while diesel prices will see a slight increase

Gasoline prices up, diesel down on July 9

Jul 08, 2019 - 2:55 PM

Global forces bring down diesel and kerosene prices, while gasoline prices are going up for the 4th straight week

Oil prices to drop further on June 11

Jun 09, 2019 - 2:54 PM

Tuesday, June 11, is the best time to fill up that tank, as oil prices are set to drop by over P2 per liter

Gasoline prices to go down by P1.70 per liter on June 4

Jun 02, 2019 - 6:05 PM

Don't fill up that tank just yet – a big-time rollback on petroleum products is set for Tuesday, June 4

Oil firms announce big-time rollback

May 05, 2019 - 3:25 PM

Developments in the world market send oil prices down

ROLLBACK. Oil companies will be slashing prices. Photo by Darren Langit/Rappler

Oil prices going down slightly on February 4, 5

Feb 03, 2019 - 8:05 PM

While oil companies will lower prices, the rollback will be offset by the excise tax hike under the TRAIN law

Oil price rollback set for July 19

Jul 18, 2016 - 5:24 PM

Shell Phoenix and Eastern Petroleum announce a P0 55 liter cut for gas P0 75 liter for diesel

Oil firms roll back prices

Nov 23, 2015 - 8:16 PM

The latest price adjustments reflect the continuous downward trend in world oil prices

DOWNWARD TREND. Eastern Petroleum chairman and CEO Fernando L. Martinez says, “while analysts around the world are expecting the supply surplus to continue through next year and up until the first half of 2017, still no one can tell or project how long this downward trend will continue." Image from Shutterstock

Oil firms slash prices for 8th consecutive week

Aug 10, 2015 - 8:06 PM

The oversupply situation and downward trend in world oil prices continue to pressure local pump prices to go down further

Oil firms slash pump prices anew

Mar 24, 2015 - 11:24 AM

The price reduction – the second in March so far – is due to rising US stock piles amid oversupply and a weaker US dollar

Cebu Pacific lifts fuel surcharge, PAL next

Jan 13, 2015 - 9:16 AM

No fuel surcharge shall be collected from tickets sold from January 8 onwards the Civil Aeronautics Board warns

Oil rollback, France makes history, AirAsia black box | The wRap

Jan 12, 2015 - 9:07 PM

Oil prices in the Philippines roll back for the second time in 2015 Millions march against terrorism in France Searchers retrieve the black box of Air Asia flight QZ8501

Gas prices dip further in 2015's second rollback

Jan 11, 2015 - 4:43 PM

Several oil companies in the Philippines will cut prices of gasoline kerosene and diesel on Monday January 12

Oil plunge a 'golden opportunity' for Asia economies

Jan 07, 2015 - 3:42 PM

Lower oil prices would ease inflationary pressures in the region allowing many central banks to either keep monetary policy on hold or reduce interest rates

Lower airfares seen as CAB lifts fuel surcharge

Jan 07, 2015 - 11:22 AM

Airline passengers can expect lower airfares starting the end of the week with the removal of the fuel surcharge on domestic and international flights

Fuel prices to roll back January 5

Jan 04, 2015 - 6:32 PM

The first rollback for 2015 local oil firms will implement price reductions for diesel gasoline and kerosene products

PUVs fare rollback hearing set Jan 9

Dec 18, 2014 - 4:55 PM

Land Transportation Franchising and Regulatory Board sets the hearing for the proposed fare reduction of taxis UV express airport taxis and buses

LTFRB rejects 50-centavo provisional fare hike

Mar 25, 2014 - 4:33 PM

The LTFRB says the proposed rate hike lacked merit since diesel prices have remained below P45 per liter

Petron, Shell, et al cut pump prices before holiday

Oct 28, 2012 - 6:42 PM

Motorists will be enjoying another oil price rollback for this month effective Monday October 29