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Related Articles

about 6 days ago

Budget Secretary Ben Diokno says that even with the ₱2 excise tax hike scheduled next year, pump prices will be still lower by ₱10 to ₱12.

about 1 week ago

Malacañang earlier said the President will look at the law to assess whether or not the next tranche of tax increases will be suspended.

about 2 weeks ago

The OPEC kingpin and world's leading oil exporter would like a higher price, and has suggested it will back a production cut when the cartel meets next week.

about 2 weeks ago

Local oil companies would be rolling back pump prices by as much as ₱2.30 per liter beginning Tuesday, Nov. 27 at 6 a.m.

about 3 weeks ago

In the span of just seven weeks, crude has gone from spiking to nosediving into a bear market.

about 4 weeks ago

President Rodrigo Duterte has approved their recommendation to suspend the additional fuel excise tax in 2019.

about 1 month ago

Drivers of public utility vehicles now eagerly awaiting the suspension of the excise tax on fuel. Government is yet to make an official announcement but a finance official says it is coming soon.

about 1 month ago

The agency may also delay implementing the recently-approved fare increase for jeeps and buses.

about 1 month ago

Government expects to lift the suspension of the next tranche of fuel excise tax increase halfway into the 2019, National Economic and Development Authority Secretary Ernesto Pernia said.

about 1 month ago

This is the first petroleum service contract awarded under President Rodrigo Duterte's term.