{"id":256036,"date":"2020-05-25T09:15:23","date_gmt":"2020-05-25T13:15:23","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=256036"},"modified":"2020-05-25T09:15:23","modified_gmt":"2020-05-25T13:15:23","slug":"big-time-oil-price-hike-on-may-26","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2020\/05\/25\/big-time-oil-price-hike-on-may-26\/","title":{"rendered":"Big-time oil price hike on May 26"},"content":{"rendered":"<figure id=\"attachment_97790\" aria-describedby=\"caption-attachment-97790\" style=\"width: 640px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/04\/14835403319_abf3a20d16_z.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-97790\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/04\/14835403319_abf3a20d16_z.jpg\" alt=\"\" width=\"640\" height=\"480\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/04\/14835403319_abf3a20d16_z.jpg 640w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/04\/14835403319_abf3a20d16_z-300x225.jpg 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><figcaption id=\"caption-attachment-97790\" class=\"wp-caption-text\">Crude oil prices in the world market started to improve this month as major oil producers and exporters have slashed their production to counter the falling oil prices amid the uncertainties due to the coronavirus disease 2019 (Covid-19) pandemic. (<a href=\"https:\/\/www.flickr.com\/photos\/87249144@N08\/14835403319\/in\/photolist-oAXjxR-cGvF5d-89afaR-J5kXA-9admDe-9CaAAu-foPVDH-nh2Gs-eCiyQ8-9bjcp5-59RS58-dvh5zM-\">File Photo: FolsomNatural\/ Flickr<\/a>)<\/figcaption><\/figure>\n<div dir=\"auto\"><strong>MANILA<\/strong>\u00a0\u2013 Oil firms are set to implement a big-time price increase effective Tuesday.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">In separate advisories, Chevron (Caltex), Cleanfuel, Petro Gazz, Phoenix Petroleum, Seaoil and Shell will raise diesel prices by PHP2.10 per liter and PHP1.75 per liter on gasoline prices.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Chevron, Seaoil and Shell will likewise impose PHP2.65 per liter increment on prices of kerosene.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Crude oil prices in the world market started to improve this month as major oil producers and exporters have slashed their production to counter the falling oil prices amid the uncertainties due to the coronavirus disease 2019 (Covid-19) pandemic.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Both West Texas Intermediate and Brent crude oil are trading at USD30-a-barrel level.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Juwai IQI chief economist Shan Saeed is projecting that the world oil prices will continue to improve in the coming months.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Saeed told the Philippine News Agency that crude oil prices are seen to trade between USD47 to USD57 per barrel by year-end.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MANILA\u00a0\u2013 Oil firms are set to implement a big-time price increase effective Tuesday. In separate advisories, Chevron (Caltex), Cleanfuel, Petro &hellip;<\/p>\n","protected":false},"author":33,"featured_media":97790,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-256036","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","mauthors-kris-crismundo","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/256036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=256036"}],"version-history":[{"count":1,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/256036\/revisions"}],"predecessor-version":[{"id":256040,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/256036\/revisions\/256040"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/97790"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=256036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=256036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=256036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}