Latest in oil price surgeThe Philippines has recorded the highest increase in diesel prices globally, with costs rising by 81.6% since the start of the Iran war, according to data from Global Petrol Prices. The surge places the country at the top of a global list of fuel price increases, highlighting the severity of the…
At least 425 gas stations across the Philippines have shut down amid rising fuel prices driven by tensions in the Middle East, the Philippine National Police (PNP) said Friday, March 27. “Sa araw po na ito March 27, 2026, ang kabuuan ng nagsaradong gas stations ay umabot po ng 425. Kahapon, ito po…
Manila City Mayor Francisco “Isko” Moreno Domagoso on Monday morning, March 16, announced the release of ₱1.76 billion in financial assistance, incentives, and revenue shares to pump-prime the local economy as global oil prices surge amid the ongoing armed conflict in the Middle East. Domagoso…
Oil companies in the Philippines will implement staggered fuel price increases this week, with total adjustments expected to reach as much as P24.25 per liter for diesel and over P10 per liter for gasoline, according to the Department of Energy (DOE). Industry players including Pilipinas Shell…
RCBC Executive Vice President and Chief Innovation and Inclusion Officer Lito Villanueva said the Philippines’ digital platforms are ready to support a potential shift to a four-day workweek in the private sector. Villanueva made this observation as the government rolls out energy-saving measures…
Manila City Mayor Francisco “Isko” Moreno Domagoso has ordered that all graduation ceremonies in public elementary and secondary schools be held strictly within their respective campuses as the city braces for a possible oil-driven price surge. During his regular management committee meeting, the…
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