Latest news with #ShellPilipinasCorp
GMA Network
4 days ago
- Business
- GMA Network
Big-time pump price hike set Tuesday, August 5, 2025
Over P1 per liter price hike in gasoline, diesel, and kerosene will take effect on Aug. 5, 2025. TINA PANGANIBAN-PEREZ/File photo Motorists will have to pay more for petroleum products this week, as retailers on Monday announced another round of hikes to mark the fourth straight week of increases for both diesel and kerosene. In separate advisories, Shell Pilipinas Corp. said they will hike prices per liter of gasoline by P1.90, diesel by P1.20, and kerosene by P1.00. The adjustments will take effect at 6 a.m. on Tuesday, August 5, 2025. Other firms have yet to make similar announcements for the week. The Department of Energy-Oil Industry Management Bureau (DOE-OIMB) earlier projected hikes this week, citing renewed concerns over supply disruptions following US President Donald Trump's sanction on Russia and Iranian oil, and homes of improved economic activity after the US-EU trade deal. Firms last week rolled back prices per liter of gasoline by P0.10, while hiking those of diesel by P0.15, and kerosene by P0.20. —KG, GMA Integrated News
GMA Network
28-07-2025
- Business
- GMA Network
Gasoline pump prices down; diesel and kerosene up for 3rd straight week Tuesday
Fuel retailers on Monday announced mixed movements in pump prices this week, as motorists will be greeted with lower prices of gasoline starting Tuesday, while diesel and kerosene prices will be hiked for the third straight week. Below are the scheduled adjustments per liter for this week, including areas where prices will not be adjusted due to the impact of the recent tropical cyclones and the Southwest Monsoon or Habagat. Jetti Petroleum Gasoline down P0.10, diesel up P0.60 Price freeze in Bataan, Bulacan, Cavite, National Capital Region (NCR), Negros Occidental, Oriental Mindoro, Pangasinan, Pampanga, and Rizal. Shell Pilipinas Corp. Gasoline down P0.10, diesel up P0.60, kerosene up P0.40 Price freeze in La Union, Pangasinan (Alaminos, Bayambang, Binmaley, Calasiao, Dagupan, Malasiqui, Mangaldan, San Fabian), and Ilocos Sur. Petro Gazz Gasoline down P0.10, diesel up P0.60. Price freeze in La Union, Pangasinan (Alaminos, Bayambang, Binmaley, Calasiao, Dagupan, Malasiqui, Mangaldan, San Fabian) and Ilocos Sur. The adjustments will take effect at 6 a.m. on Tuesday, July 29, for all the firms. Other retailers have yet to make similar announcements for the week. The Department of Energy-Oil Industry Management Bureau (DOE-OIMB) earlier projected mixed movements in pump prices this week, citing the unexpected decline in US Crude inventories, and the geopolitical events and uncertainty surrounding US trade policies. Firms last week hiked prices per liter of gasoline by P0.40, diesel by P1.10, and kerosene by P0.70. Year-to-date adjustments stood at a net increase of P9.00 per liter for gasoline, P11.35 per liter for diesel, and P1.85 per liter for kerosene as of July 15, 2025. — RSJ, GMA Integrated News
GMA Network
16-06-2025
- Business
- GMA Network
Gasoline, diesel, kerosene pump prices up by over P1/liter Tuesday, June 17, 2025
Motorists will have to pay more for petroleum products this week, as retailers on Monday announced major upward adjustments to mark the fifth straight week of increases for gasoline, third for diesel, and second for kerosene. In separate advisories, Seaoil Philippines Corp. and Shell Pilipinas Corp. said they will increase prices per liter of gasoline and diesel by P1.80 each, and kerosene by P1.50. Cleanfuel will implement the same changes, excluding kerosene which it does not carry. The adjustments will take effect at 6 a.m. on Tuesday, June 17, for all the firms except for Cleanfuel which will hike prices at 4:01 p.m. the same day. Other firms have yet to make similar announcements for the week The Department of Energy-Oil Industry Management Bureau (DOE-OIMB) earlier projected pump price hikes this week, citing gains on positive US-China trade signals, the stall in nuclear negotiations between US and Iran, and the expected oil demand growth in the next two and a half decades. Firms last week hiked prices per liter of gasoline by P0.60, diesel by P0.95, and kerosene by P0.30. —AOL, GMA Integrated News
GMA Network
26-05-2025
- Business
- GMA Network
Gasoline pump prices up, diesel and kerosene down Tuesday, May 27, 2025
Pump prices of gasoline will be hiked for the second straight week on Tuesday, while those of diesel and kerosene will be rolled back. In separate advisories, Seaoil Philippines Corp. and Shell Pilipinas Corp. said they will hike prices per liter of gasoline by P0.10, while rolling back those of diesel by P0.20, and kerosene by P0.40. Cleanfuel and Petro Gazz will implement the same changes, excluding kerosene which they do not carry. The adjustments will take effect at 6 a.m. on Tuesday, May 27, for all the firms except for Cleanfuel which will implement the changes at 8:01 a.m. the same day. Other firms have yet to make similar announcements for the week. The Department of Energy-Oil Industry Management Bureau (DOE-OIMB) earlier projected mixed movements this week, citing reports of progress toward a US-Iran nuclear deal, cooling trade tensions between the US and China, the additional crude oil storage capacity in Iran's Export Terminal, and optimism on global oil demand. Fuel retailers last week hiked prices per liter of gasoline and kerosene by P1.20 each, and diesel by P1.70. — RSJ, GMA Intgerated News
