New Year’s week price cut likely
This estimated adjustment is triggered by the International Energy Agency’s continued expectation of an oversupplied oil market in 2025, even if OPEC+ holds production steady or delays the unwinding of voluntary production cuts.
(FILE PHOTO) A gasoline attendant, his movements swift and focused, fills the tank of a truck in Quezon City on Tuesday. The steady rise in fuel prices casts a heavy shadow over the routine task, as the cost climbs with each click of the nozzle, adding to the mounting financial strain felt across the city.
PHOTOGRAPH BY ARAM JAN LASCANO FOR THE DAILY TRIBUNE
