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File photo MANILA - Oil companies will adjust fuel prices on Tuesday. In separate advisories, Caltex, Cleanfuel, Jetti, Petro Gazz, PTT, Seaoil and Shell said they will increase gasoline prices by PHP0.90 per liter and PHP1.05 per liter on diesel prices. On the other hand, Caltex, Seaoil and Shell will roll back kerosene prices by PHP0.25 per liter. Outlook for oil demand from China and concerns on supply continue to drive oil prices in the global market as the Organization of Petroleum Exporting Countries and its allies (OPEC+) targets to further cut production this year. With the price adjus...

(PNA photo by Ben Briones) MANILA - Motorists would have to pay more for fuel as pump prices would increase for the third consecutive week effective Tuesday. In separate advisories on Monday, Clatex, Cleanfuel, Jetti, Seaoil, and Shell said they will increase PHP1.30 per liter on gasoline prices and PHP1 per liter on diesel prices. Caltex, Seaoil and Shell will also hike kerosene prices by PHP1.35 per liter. Other industry players are expected to roll out the same price hikes. Industry experts said the global market is reacting positively on the easing of Covid-19 restrictions in China, hoping...

(File photo) MANILA-Oil firms will implement price adjustments on fuel products starting Jan. 17. In separate advisories, Caltex, Cleanfuel, Jetti, Petro Gazz, Seaoil, and Shell said they will increase gasoline prices by PHP0.95 per liter and PHP0.50 per liter on diesel prices. On the other hand, Caltex, Seaoil, and Shell will cut kerosene prices by PHP0.15 per liter. Other oil companies are expected to follow suit. Last weeks, oil firms implemented price rollbacks. Global oil prices improved last week following the softer United States' inflation data and hopes on demand recovery from Chi...

German carmaker BMW has invested in Jetti Resources, which has technology to extract more copper from low-grade resources and produce metal with a low carbon footprint, BMW said on Thursday.... | December 2, 2022

A new sustainable technology for mining copper receives a BMW investment.