Motorists filling up their vehicles with diesel will experience a breather this week, as the price of this commodity will be down by P0.40 per liter, based on the pricing adjustment advisories of the oil companies. ManilaBulletin
Motorists filling up their vehicles with diesel will experience a breather this week, as the price of this commodity will be down by P0.40 per liter, based on the pricing adjustment advisories of the oil companies.
As of this writing, the industry players that already announced their price adjustments had been Pilipinas Shell Petroleum Corporation, Seaoil, and Cleanfuel effective Tuesday ; while their competitor-firms are all anticipated to follow. There had been seesaw in prices in the world market last week because of diverging sentiments manifesting when it comes to projections on supply and demand - primarily in the second half of the year.
However, due to the forecast of OPEC that demand will likely be weak during the second half of this year, prices dropped to the level of $84 per barrel for most of trading days last week.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Higher fines in single-ticketing system needed to discipline motorists - Mayor FrancisSan Juan City Mayor and Metro Manila Council President Francis Zamora said that with the introduction of higher fines and penalties in the single-ticketing system that will be implemented in the National Capital Region (NCR) starting May 2, motorists should now learn the value of discipline and respect for the region's traffic laws and regulations.
Read more »
Diesel price down P0.40 per liter, but gasoline and kerosene upAfter implementing hefty price increases for two consecutive weeks, local oil companies on Monday said they would roll back the price of diesel by P0.40 per liter starting Tuesday. | MegINQ /PDI
Read more »
Group calls for safer driving to protect childrenA public interest law group on Sunday called on motorists to practice safer driving to prevent road-related accidents that at times involve children.
Read more »
Parañaque gov’t issues traffic advisory amid relocation of illegal settlersThe Parañaque city government advised motorists to take alternative routes on Monday, April 17, from 6 a.m. onwards to avoid heavy traffic due to the relocation of illegal settlers and dismantling of their homes along E. Rodriguez Avenue in Barangay Moonwalk.
Read more »
LTO scraps health exams for driver license renewal | Lorenz S. MarasiganTHE Land Transportation Office (LTO) announced it has scrapped the periodic medical examinations for holders of driver’s licenses with 5-year and 10-year validity. According to LTO Chief Jay Art Tugade the initiative will “ease the burden of motorists who are periodically required to secure medical clearances.” Before the memorandum circular…
Read more »
Driver caught siphoning fuel from truck; charged for theftDIGOS CITY, Davao del Sur — Authorities in Sta. Cruz town, Davao del Sur collared a truck driver who was caught on Thursday siphoning diesel fuel from the vehicle he was driving, a police
Read more »