Fuel prices could fall by as much as P10 a liter next week if world prices continue to slide, industry sources said Tuesday, after crude dropped by $20 a barrel amid reports of ceasefire talks between Russia and Ukraine and COVID-19 lockdo-- Read it here👇
sources said Tuesday, after crude dropped by $20 a barrel amid reports of ceasefire talks between Russia and Ukraine and COVID-19 lockdowns in China that could dampen demand for oil.The billboards of the new adjusted prices of Petron in Visayas Avenue, Caltex, and Shell on G. Araneta Avenue, all in Quezon City.Reuters reported Monday that Brent crude dropped to $100.95 per barrel, while the US West Texas Intermediate crude slid below $100 for the first time since March 1.
Robes, chairperson of the House committee on people’s participation, said the Russian invasion of Ukraine in the past weeks has raised the prices of crude oil to more than US$110 per barrel in the world market. The 2022 General Appropriations Act provides for at least P5 billion in automatic fuel subsidy whenever world oil prices breach US$80 per barrel.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Fewer jeeps to ply routes, Senate tackles fuel price spikesSome jeepney drivers plan to stop plying their routes next week as pump prices rise for the 11th straight week, a transport group said Sunday. Read more👇
Baca lebih lajut »
Muntinlupa City Council approves P1 tricycle fare hike amid fuel price increaseThe Muntinlupa City Council has approved an ordinance granting the request of tricycle operators and drivers in the city to increase fare by P1.
Baca lebih lajut »
No talks yet on MRT3 fare hike despite fuel price increases, exec says“Wala po tayong pinag-uusapan na pagtaas ng pamasahe. Never pa po &39;yang pinag-usapan namin. Ang importante tulungan muna natin &39;yung mga pasahero natin. Huwag na tayong maging pabigat pa. So far wala kaming pinag-uusapang ganyan,” MRT3 director for operations Engr. Mike Capati told Dobol B TV.
Baca lebih lajut »
GenSan’s tuna industry hurt by fuel price hikesGENERAL SANTOS CITY (MindaNews / 15 March) – The series of increases in fuel prices has started to take its toll on the tuna fishing industry here, with some operators reportedly considering suspen…
Baca lebih lajut »
Fuel Price HikeA pump attendant prepares to update the prices of fuel at a gas station in Davao City on Tuesday, March 15, 2022. Gas companies implemented bigtime price hike on March 15 amid global oil price hike…
Baca lebih lajut »
Senator Lacson wants fuel excise tax suspended - Auto NewsSenator Ping Lacson wants to combat the upward trend of fuel prices with the suspension of fuel excise tax
Baca lebih lajut »