← Back to headlines
Philippine DOE Official Admits Fuel Price Adjustments Lead to Cartel-like Behavior
A Department of Energy official in the Philippines has acknowledged that the weekly fuel price adjustments contribute to cartel-like behavior among oil companies.
13 Apr, 20:44 — 13 Apr, 23:30
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (27/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
Far L
Left1
Left (1)
inquirer
Center1
Center (1)
philstar
Right
Far R
Geographic diversity— 1 region4/34
Philippines2
ℹAll sources from Philippines region
ℹOnly 2 sources cover this story
Sources
Showing 2 of 2 sources
inquirerMostly Factual117d ago
DOE exec admits Tuesday fuel price changes bring cartel-like behavior
MANILA, Philippines — A Department of Energy (DOE) official admitted to the House of Representatives that the scheduled fuel price adjustments, which happen every Tuesday, cause cartel-like behavior because oil companies can discuss and collectively decide how much adjustment they would make. During the House Legislative Energy and Development (LEAD) committee hearing on Monday, Manila Rep.
By jvicente
Read full article →philstarMostly Factual117d ago
Price Tracker: Oil, fuel monitor for Apr. 14
Prices drop Tuesday, with tax cuts potentially pushing costs even lower.
Read full article →Coverage Timeline
First report: inquirer · 13 Apr, 20:44|Full coverage: 2 · 3h|Window: 3h
Left-leaningCenterRight-leaning
