Sharp drop in fuel prices set this Holy Week

Market players commented that the price escalation is partly a result of the “dip” in the international oil market

Easter is just around the corner, and as the Swedish krona is now at a record high against the dollar, gasoline and diesel prices are also falling ahead of one of the biggest travel weekends of the year. “The price of oil has fallen on the world market, quite significantly,” says John Hassler, professor of economics at Stockholm University.

Oil firms cut gas prices by P3.60/liter

(UPDATE) OIL firms drastically reduced their pump prices on Tuesday as uncertainties due to the imposition by the United States of tariffs continue to rattle the world oil market. Gasoline had the biggest cut, with the per-liter price slashed by P3.60. The price of kerosene went down by P3.30 and diesel by P2.90. Local oil industry sources said escalating trade tensions between the US and China have heightened fears of a recession and reduced de…

Sharp drop in fuel prices set this Holy Week

MANILA, Philippines – Motorists can expect significant reductions in petroleum product prices this Holy Week, as oil companies announced a rollback of up to P3.60 a liter. In separate advisories on Monday, Seaoil and Shell Pilipinas said gasoline prices will drop by P3.60 a liter starting Tuesday. Diesel and kerosene prices will also be slashed

Gasoline prices drop nearly P4/liter during Holy Week

Oil prices in the Philippines are set to fall on Holy Tuesday, April 15, amid an escalating trade war between US and China.

The Directorate General of Energy, Hydrocarbons and Mines (DGEHM) announced this Monday that fuel prices in El Salvador will suffer a considerable decrease for the coming days of April. The new prices of hydrocarbons in the country will come into effect from this Tuesday, April 15 until next Monday, 28, covering the holiday period of Easter in the Salvadoran territory. For the next days, the cost of regular gasoline will be $3.51 for the central…