Oil price increase starts after lifting of EO 839

A day after Executive Order 839 has been lifted by President Arroyo, independent oil players has taken the lead and started raising their pump prices Monday.
Unioil Petroleum, Flying V, Eastern Petroleum Corp , and Phoenix Petroleum were the first to fire the first salvo of increases. Unioil Petroleum increased by P1.50 per liter all its [...]

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November 18, 2009  Tags: , , , , ,   Posted in: Announcement, Corporations, Philippine business news, Philippines, Pricing, Products, economy  One Comment

Oil companies rolled back prices of diesel and gasoline

Oil companies cut down prices of gasoline by P1.50 per liter and P1 per liter for diesel and kerosene. The cut-down price took effect at sundown Thursday.
Pilipinas Shell Petroleum Corp. initiated the rounds of reduction. Company vice president Roberto S. Kanapi said, “Shell will roll back prices of gasoline to its dealers to reflect the [...]

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August 21, 2009  Tags: , , , , , , ,   Posted in: Announcement, Consumers, Philippine business news, Philippines, finance  No Comments


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