fuel prices Archives - newswatchplus.ph

PH backs public-private efforts to secure oil supply – Recto

Jelo Ritzhie Mantaring, NewsWatch Plus — Sun, 29 Mar 2026 09:55:29 +0000

The Marcos administration is backing efforts both from fuel companies and national government agencies to secure oil supply amid the ongoing conflict in the Middle East, Executive Secretary Ralph Recto said Sunday, March 29.

The post PH backs public-private efforts to secure oil supply – Recto appeared first on newswatchplus.ph.

Cebu Pacific says jet fuel supply secured until June

NewsWatch Plus Staff — Sun, 29 Mar 2026 07:50:44 +0000

Cebu Pacific (CEB) said it has secured jet fuel supply for three months as high oil prices driven by the Middle East crisis also hit the aviation sector.

The post Cebu Pacific says jet fuel supply secured until June appeared first on newswatchplus.ph.

SSS reviews loan moratorium, penalty condonation amid oil price shocks

NewsWatch Plus Staff — Sun, 29 Mar 2026 06:37:55 +0000

The Social Security System (SSS) said it is studying the feasibility of offering a loan moratorium for members and a condonation program for contribution penalties for employers as part of government relief amid rising costs driven by oil price shocks.

The post SSS reviews loan moratorium, penalty condonation amid oil price shocks appeared first on newswatchplus.ph.

Carpooling eyed as mobility option in NCR amid high oil prices

NewsWatch Plus Staff — Sat, 28 Mar 2026 06:28:07 +0000

Government officials are drafting the rules for carpooling in Metro Manila as a way to cope with spiraling oil prices.

The post Carpooling eyed as mobility option in NCR amid high oil prices appeared first on newswatchplus.ph.

Marcos declares national energy emergency amid global oil supply risks

Tristan Nodalo — Tue, 24 Mar 2026 12:55:40 +0000

Metro Manila, Philippines – President Ferdinand Marcos Jr. has declared a state of national energy emergency, citing risks to fuel supply and energy stability as tensions in the Middle East disrupt global oil markets. The president signed Executive Order No. 110, warning of potential supply disruptions and price volatility facing the country as a fuel-importing

The post Marcos declares national energy emergency amid global oil supply risks appeared first on newswatchplus.ph.

Workers, middle class seek gov’t aid amid costly fuel

Jelo Ritzhie Mantaring, NewsWatch Plus — Mon, 23 Mar 2026 11:08:01 +0000

The middle class has asked for government help to cope with oil price shocks, while workers have sought representation in the planned crisis committee.

The post Workers, middle class seek gov’t aid amid costly fuel appeared first on newswatchplus.ph.

No oil supply crisis – Palace

Tristan Nodalo — Mon, 23 Mar 2026 08:51:18 +0000

Metro Manila, Philippines – Malacañang said the Philippines is not facing an oil supply crisis despite rising pump prices linked to the conflict in the Middle East. It said the country still has enough fuel stock while the government rolls out subsidies and other relief measures to soften the blow on workers, commuters, and consumers.

The post No oil supply crisis – Palace appeared first on newswatchplus.ph.

Piston sets new strike to press gov’t relief from high fuel prices

Chim Cantos — Mon, 23 Mar 2026 05:33:54 +0000

Metro Manila, Philippines – Transport group PISTON on Monday announced another round of strike on March 26 and 27 to press the government on concrete plans to mitigate the impact of high fuel prices. Group president Mody Floranda said the protest will again begin from Welcome Rotonda in Quezon City and participants will end at

The post Piston sets new strike to press gov’t relief from high fuel prices appeared first on newswatchplus.ph.

DOE allows temporary sale of Euro 2 fuel to ensure supply

Jelo Ritzhie Mantaring, NewsWatch Plus — Sun, 22 Mar 2026 09:14:18 +0000

The Department of Energy (DOE) has authorized the temporary and controlled introduction of lower-grade Euro 2 petroleum products for select transport and industrial uses amid rising pump prices.

The post DOE allows temporary sale of Euro 2 fuel to ensure supply appeared first on newswatchplus.ph.

Review of oil deregulation law sought as fuel prices continue to surge

Jelo Ritzhie Mantaring, NewsWatch Plus — Sat, 21 Mar 2026 11:48:42 +0000

Senators JV Ejercito and Win Gatchalian backed the possible review of the oil deregulation law to help the government manage the continued surge in fuel prices caused by the Middle East conflict.

The post Review of oil deregulation law sought as fuel prices continue to surge appeared first on newswatchplus.ph.