Oil prices seen to decline again next week

  • 📰 PhilstarNews
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 94%

Department Of Energy News

Pump prices for fuel products could decline again next week, as oil prices in the Asian market fell amid favorable global political and economic conditions, according to the Department of Energy.

MANILA, Philippines — Pump prices for fuel products could decline again next week, as oil prices in the Asian market fell amid favorable global political and economic conditions, according to the Department of Energy .

If the forecast materializes, it would be the third consecutive week that gasoline prices decrease, while it would be the fourth straight week of rollback for both diesel and kerosene. The year-to-date adjustments of gasoline and diesel stood at a per liter net increase of P9.25 and P4.70 respectively as of May 7, based on DOE monitoring.Global Dominion financed P6.8 billion in 2023Tastesetters Victors Night celebrates innovations in the F&B industry, reveals food trends forecastThe Department of Education will cut the prescribed minimum of 180 school days for the coming school year 2024-2025 by 15...

Chinese diplomats in Manila should be expelled for their “repeated acts of engaging and dissemination of disinformation, misinformation and malinformation,” National Security Adviser Eduardo Año... The Professional Regulation Commission announces that 1,698 out of 2,975 passed the Licensure Examination for Midwives given by the Board of Midwifery in N. C. R., Baguio, Butuan, Cagayan de Oro, Cebu, Davao,...r

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in ERROR

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gasoline prices seen going up; rollback in dieselMixed adjustments on oil prices may be implemented next week, according to the Department of Energy.
Source: PhilstarNews - 🏆 1. / 94 Read more »

Another oil price cut seen next weekAnother rollback of pump prices may be implemented next week, according to Department of Energy (DOE) – Oil Industry Management Bureau assistant director Rodela Romero.
Source: PhilstarNews - 🏆 1. / 94 Read more »

Oil price rollback seen next weekPump prices for fuel products may decrease next week, the Department of Energy Oil Industry Management Bureau assistant director Rodela Romero said.
Source: PhilstarNews - 🏆 1. / 94 Read more »