Day: April 3, 2023

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Oil firms hike prices this Holy Week

Fuel prices will increase this Holy Week starting 12:01 a.m. Tuesday.

In separate advisories, Caltex, Cleanfuel, Jetti, Petro Gazz, Seaoil, Shell and Unioil said they will hike gasoline prices by PHP1.40 per liter and diesel by PHP0.50 per liter.

Caltex, Seaoil and Shell will also raise kerosene prices by PHP0.20 per liter.

The new oil price hike announcement of firms ended the three straight weeks of price rollbacks.

Major development in the global market that fueled price increases in petroleum products is the decision of Saudi Arabia and other members of the Organization of Petroleum Exporting Countries and its allies (OPEC+) to cut output.

Since the year started, oil price adjustments reflected a PHP6.75 increase in gasoline, while diesel and kerosene prices were lower by PHP1.15 and PHP3.25 per liter, respectively.

Source: Philippines News Agency

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Trough of LPA to bring rain showers over Mindanao

The trough of a low-pressure area (LPA) outside the Philippine Area of Responsibility will bring rain showers over most parts of Mindanao, the weather bureau said Monday.
The LPA, last tracked 474 km. east-southeast of General Santos City, has a slim chance of developing into a tropical cyclone, said Obet Badrina of the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA).
He said the LPA’s trough would cause scattered rain showers and thunderstorms over many areas in Mindanao.
PAGASA warned of the possibility of flash floods or landslides due to moderate with at times heavy rains and during severe thunderstorms.
Badrina said warm weather would prevail over the Visayas and Luzon but isolated rain showers caused by localized thunderstorms are still likely.
Light to moderate winds and slight to moderate seas continue to prevail across the archipelago, PAGASA said

Source:Philippines News Agency