^

Business

Oil prices raised in Visayas, Mindanao

Jovan Cerda - The Philippine Star
August 22, 2013 | 1:32pm

MANILA, Philippines- The three biggest oil companies hiked on Thursday the prices of their fuel products in Visayas and Mindanao.

By 6 a.m., Petron, Shell and Chevron increased the prices of gasoline by 40 centavos per liter, kerosene by 45 centavos per liter and diesel by 20 centavos per liter.

Petron said its price hike “reflects movements in the international oil market and the slight increase was driven by clashes in Egypt, fears of supply disruptions in Libya, and increased Chinese demand."

For its part, Shell said no price movement will be imposed in Luzon as the region is still reeling from the disaster caused by typhoon Maring and the southwest monsoon.

CENTAVOS

INCREASED

LITER

LUZON

OIL

PER

PETRON

PRICE

PRICES

SHELL AND CHEVRON

VISAYAS AND MINDANAO
  • Latest
  • Trending
Trending
Latest
Trending
abtest
abtest

The lesser evil?

By Boo Chanco | 14 hours ago
Supporters of VP Sara are castigating the Yellows and the Pinks on social media for just watching this fight between the former UniTeam partners.
Business
fbtw
New PLDT product touts no lost service connection

New PLDT product touts no lost service connection

By Richmond Mercurio | 1 day ago
PLDT Home is introducing a first of its kind product in the world as part of its efforts to provide reliable internet to more...
Business
fbtw

Toyota rolls out next-gen Tamaraw

By Louella Desiderio | 14 hours ago
The country’s leading automotive player is banking on the next generation Tamaraw to be among its top-selling vehicles as it aims to sell at least 1,500 units of the comeback model permonth.
Business
fbtw
NEDA to submit proposal on lower rice tariff

NEDA to submit proposal on lower rice tariff

By Alexis Romero | 14 hours ago
The National Economic and Development Authority is eyeing to submit its recommendation on the reduced rice tariff today as...
Business
fbtw
ACEN infuses fresh P12 million capital to Paddak Energy

ACEN infuses fresh P12 million capital to Paddak Energy

By Brix Lelis | 14 hours ago
Ayala-led ACEN Corp. is injecting a multimillion-peso investment into its subsidiary Paddak Energy Corp. to bolster the latter’s...
Business
fbtw
Latest
abtest
GSIS P/GM Veloso is new ASSA chairperson

GSIS P/GM Veloso is new ASSA chairperson

By Marianne Go | 14 hours ago
The ASEAN Social Security Association has elected Government Service Insurance System president and general manager Jose...
Business
fbtw
Meralco, KEPCO partner to boost smart meter use

Meralco, KEPCO partner to boost smart meter use

By Brix Lelis | 14 hours ago
Power distributor Manila Electric Co., chaired by tycoon Manuel V. Pangilinan, has teamed up with the largest electric utility...
Business
fbtw
Landbank launches loan facility for emergencies

Landbank launches loan facility for emergencies

By Catherine Talavera | 14 hours ago
Government-owned Land Bank of the Philippines is introducing a new loan facility aimed at offering financial assistance to...
Business
fbtw
Golden MV renames to Villar Land Holdings

Golden MV renames to Villar Land Holdings

By Catherine Talavera | 14 hours ago
Tycoon Manuel Villar Jr.’s Golden MV Holdings Inc. has changed its corporate name to Villar Land Holdings Corp. to align...
Business
fbtw
Top Philippine banks no longer keen on financing coal power plants

Top Philippine banks no longer keen on financing coal power plants

14 hours ago
At least four top domestic banks have reiterated their policies of not supporting additional coal plants in the country.
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