Tag: oil prices

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Retail oil prices down after three straight hikes

Local oil retailers on Monday implemented a price rollback after a three-week series of hikes in the cost of petroleum products.

Oil prices up third week in a series

Local oil retailers have implemented a price increase in the cost of petroleum products for a third time in a series.

Petroleum products up by more than P2 per liter

Local oil retailers again implement a big-time adjustment in the sale of petroleum products starting Tuesday after last week’s mixed price adjustments.

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Group pushes urgent backing for rooftop project across ASEAN

The Asian Photovoltaic Industry Association calls for stronger regional support for rooftop solar and energy storage as core to building more resilient, flexible power systems.

Power disconnection freeze extended through year-end with focus on vulnerable households  

The Energy Regulatory Commission plans to extend its suspension of electricity service disconnections through the end of the year, though the policy will feature a narrower target audience to balance relief for consumers with the financial stability of power utilities.

DA readies P45B aid as El Niño damage mounts 

The Department of Agriculture is preparing up to P45 billion in interventions as El Niño-related agricultural losses climb to P6.87 billion, while moving to strengthen rice reserves and keep imports available as a contingency against a sharper production shortfall.

Retail sales seen to hit ₱7.71 trillion as value-seeking consumers drive shift toward essentials

Retail sales this year are projected to reach $123 billion, roughly ₱7.71 trillion at current exchange rate, marking a 1.7 percent growth from $121 billion last year, according to the United States Department of Agriculture's Foreign Agricultural Service in Manila.

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