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Fuel

DOE announces staggered fuel price increases, targeted subsidies to ease burden on Filipinos

The Department of Energy (DOE) announced today that it has reached an agreement with oil companies to implement staggered fuel price increases in response to rising global oil prices. This follows a meeting between DOE Officer-in-Charge Sharon S. Garin, Undersecretary Alessandro O. Sales, and representatives from the downstream oil industry. The agreement aims to mitigate...