May 31, 2016

Oil price hike takes effect today

  • HOME
  • Blog
  • Oil price hike takes effect today

    • Motorists were welcomed by a shock this morning as various oil companies announced new prices as price hike takes effect today. At 6:01 am today, prices rose P0.35 per liter for gasoline, P0.55 per liter for kerosene, and P0.40 per liter for diesel and biodiesel for majority of the oil companies in the Philippines. The adjustments have been made “to reflect movements in the international petroleum market” as stated by SeaOil Philippines Inc in a report.

     

    car-refill-transportation-transport

     

    Some oil companies, like Petron Corp., have not yet announced the price adjustments, but it is expected it to be between P24.75 and P29.60 per liter for diesel, and 36.35 to 43.45 for gasoline, almost the same as the others.

    Were you surprised at how the oil prices rose this morning?

     

    Sources: Yahoo News; Alvin Elchico via Twitter

    　　　　　　　　　　　
    　　　　　　　　　　　
    You might also like...
    Crosta Pizzeria and a mano Bags Global Recognition at 50 Top Pizza World 2025
    September 16, 2025
    Crosta Pizzeria and a mano Bags Global Recognition at 50 Top Pizza World 2025
    The Philippines once again proved its place on the world’s pizza map as Crosta Pizzeria and a mano secured coveted spots in the 50 Top Pizza World 2025 placing at 28th and 49th spot, respectively—underscoring the country’s growing influence in the international culinary scene. 50 Top Pizza World 2025 is curated by Italy’s respected 50 top group and is widely regarded as the ultimate benchmark for excellence in pizza. Each year, it honors pizzerias that exemplify mastery in dough, ingredient quality, technique, service, and overall dining experience. IMAGES from 50 Top Pizza’s Facebook page Crosta Pizzeria, with its flagship in Makati and a steadily expanding footprint, has long been celebrated […]
    TC Candler Revealed Top Candidates for 100 Most Beautiful and Handsome Faces This 2025
    September 10, 2025
    TC Candler Revealed Top Candidates for 100 Most Beautiful and Handsome Faces This 2025
    TC Candler has recently revealed its top candidates for the 2025 edition of Candler's 100 Most Beautiful and 100 Most Handsome Faces, sparking excitement among fans and beauty enthusiasts alike.
    LIST: 9 Contemporary Restaurants in Makati You Need to Try Now
    September 05, 2025
    LIST: 9 Contemporary Restaurants in Makati You Need to Try Now
    These nine contemporary restaurants offer unforgettable meals for both casual food lovers and gastronomic adventurers.
    Meat Lovers’ Guide: 9 Japanese Restaurants Near SM Mall of Asia You Don’t Want to Miss
    September 04, 2025
    Meat Lovers’ Guide: 9 Japanese Restaurants Near SM Mall of Asia You Don’t Want to Miss
    Renowned meat specialty restaurants from Japan have opened their doors in the Philippines for the very first time, delighting foodies with premium tastes at accessible prices. With these exciting arrivals, the MOA district is emerging as a vibrant hotspot to experience Japan’s rich “meat culture” in all its glory. Here are 9 Japanese restaurants near MOA you don't want to miss!
    LIST: 8 Must-Visit Intramuros Spots for a Journey Through Manila’s Past
    August 19, 2025
    LIST: 8 Must-Visit Intramuros Spots for a Journey Through Manila’s Past
    Together, let us explore Intramuros' architectural treasures, hidden courtyards, and vibrant cultural spots, taking you on a journey that weaves the past into the present, one historic landmark at a time.