^

Business

Oil firms announce another rollback for September 17

Jean Mangaluz - Philstar.com
September 16, 2024 | 1:23pm
Oil firms announce another rollback for September 17
This photo shows oil pumps in a gasoline station in Manila.
Boy Santos

MANILA, Philippines — A fuel rollback will be implemented on Tuesday, September 17. 

In separate advisories, oil firms Cleanfuel, Seaoil, Shell Philippines and more announced the following price adjustments: 

  • Diesel prices - Down by P1.30 per liter
  • Gasoline prices - Down by P1.00 per liter
  • Kerosene prices- Down by P1.65 per liter

Cleanfuel’s price adjustment will be effective at 12:01 am. 

Seaoil, PetroGazz, Caltex, Shell and other oil firm’s price adjustment is effective at around 6am.

The Department of Energy had previously estimated a rollback of P0.90 to P1.20 for gasoline, P1.30 to P1.60 for diesel and P1.50 to P1.65 for kerosene.

OIL PRICE

OIL PRICE ROLLBACK

OIL PRICE WATCH
Philstar
  • Latest
  • Trending
Trending
Latest
Trending
abtest
abtest
Peso drops to P59:$1 level, lowest in 2 years

Peso drops to P59:$1 level, lowest in 2 years

By Ian Laqui | 13 hours ago
The latest exchange rate print is nine centavos weaker than the P58.91 closing recorded on Wednesday.
Business
fbtw
‘Inflation pressures may prompt BSP to pause’

‘Inflation pressures may prompt BSP to pause’

By Keisha Ta-Asan | 1 day ago
The Bangko Sentral ng Pilipinas could hold rates steady next month if inflation pressures intensify, but it could also further...
Business
fbtw
Court urged to void NAIA concession deal, airport fee hike order

Court urged to void NAIA concession deal, airport fee hike order

By Ian Laqui | 1 day ago
A consumer group has asked a Manila court to invalidate provisions of the concession agreement for the rehabilitation...
Business
fbtw
P200-billion solar farm in Nueva Ecija aims to be world's largest

P200-billion solar farm in Nueva Ecija aims to be world's largest

By Jean Mangaluz | 17 hours ago
Ground has been broken for the Meralco Terra (MTerra) Solar Project in Nueva Ecija, with an ambitious goal of becoming the...
Business
fbtw
BOP reverts to deficit

BOP reverts to deficit

By Keisha Ta-Asan | 1 day ago
The country’s balance of payments position swung to a deficit of $724 million in October, ending three straight months...
Business
fbtw
Latest
abtest
BSP axes 4 as crackdown on ghost employees continues

BSP axes 4 as crackdown on ghost employees continues

By Keisha Ta-Asan | 6 hours ago
The Bangko Sentral ng Pilipinas has dismissed four “absentee” employees in the offices of two former Monetary...
Business
fbtw
Profit-taking snaps market’s 4-day climb

Profit-taking snaps market’s 4-day climb

By Richmond Mercurio | 6 hours ago
The stock market snapped its winning streak as investors pocketed gains from a four-day rally.
Business
fbtw

Shortchanging our children

By Boo Chanco | 6 hours ago
The State, according to our Constitution, shall protect and promote the right of all citizens to quality education at all levels, and shall take appropriate steps to make such education accessible to all.
Business
fbtw
DigiPlus places bet on Brazil market

DigiPlus places bet on Brazil market

By Richmond Mercurio | 6 hours ago
Digital entertainment company DigiPlus Interactive Corp. has inched closer to scoring a win on its bet in Brazil’s gaming...
Business
fbtw

DTI releasing list of products for preferential procurement

By Louella Desiderio | 6 hours ago
The Department of Trade and Industry is set to release on Dec. 4 the list of Philippine products and services to be given preference in government procurement as part of the Tatak Pinoy Act.
Business
fbtw
Recommended
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with