DOE tells government agencies to conserve energy philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
No less than President Rodrigo Duterte has repeatedly admitted his deep concern against the “special military” operation a.k.a. invasion launched by Russia in Ukraine last Feb.24.
MANILA - After 11 straight weeks of fuel price hikes and with significant increments in the past weeks, oil companies finally announced big-time rollbacks for petroleum products. Starting Tuesday morning, Caltex, Cleanfuel, Jetti, Petro Gazz, PTT Philippines, Total, Seaoil, and Shell said they will reduce gasoline prices by PHP5.45 per liter and PHP11.45 per liter for diesel. Caltex, Seaoil, and Shell said they will also cut kerosene prices by PHP8.55 per liter. Other oil companies are expected to follow suit. Last week, Department of Energy (DOE) Secretary Alfonso Cusi projected that oil prices this week will decrease amid the slowdown in oil demand due to lockdown in China and cease-fire negotiations between Ukraine and Russia. Cusi added oil trade last week went down to below USD110-per-barrel level from the previous trading price of around USD122 a barrel. Data from Investing.com show that Dubai crude prices logged declines from Monday to Wednesday trading last week. It started to
OIL firms announced a price rollback the first time since the start of the year effective Tuesday morning after 11 consecutive weeks of oil price increases. They announced on Monday that gasoline prices will go down by P5.45 per liter, diesel by P11.45 per liter, and kerosene by P8.55 per liter. The…
Duterte's decision on proposed 4-day work week out March 21 radyonatin.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from radyonatin.com Daily Mail and Mail on Sunday newspapers.