Diesel faces P10.50 shock as supply routes reel
Diesel prices in the Philippines could rise by up to P10.50 per liter next week, while gasoline may increase by as much as P5, as attacks on key global oil…
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42,328 results for “Global Oil Supply Route”
Oil supply risks drive fuel hike
Filipino motorists face another steep fuel price hike this week, with gasoline rising by up to P5.68 per liter as Middle East supply risks push global oil…
ASEAN weighs regional oil stockpile amid supply risks
ASEAN is studying a proposed regional oil stockpiling initiative to strengthen energy security, with five member states expressing interest in creating…
Oil nears $100 on supply concerns
Global oil prices are nearing $100 a barrel as Brent and WTI surge on Middle East supply risks, OPEC+ production decisions and rising summer fuel demand,…
IEA warns global oil supply could drop by 3.9M bpd
The International Energy Agency warns global oil supply could drop by 3.9 million bpd as disruptions in the Strait of Hormuz deplete inventories and push…
Philippines’ oil supply at its highest — Garin
DOE Secretary Sharon Garin says the Philippines now has 54 days’ worth of oil reserves, nearing its 60-day maximum storage capacity amid global tensions.
Phl, Malaysia tighten fuel supply coordination amid oil swings
‘We express our appreciation for the open and productive engagement, which reinforces our shared commitment to ensuring stable and reliable energy supply,…
DOE: Gov’t secures oil supply, tightens monitoring vs profiteering
DOE Secretary Sharon Garin says the government is securing oil supply through PNOC while intensifying monitoring of fuel firms to prevent hoarding and ensure…
Palace: Fuel excise taxes must be balanced amid incoming oil supply
Malacañang said fuel taxes cannot be easily reduced as these fund government needs, stressing that oil prices are dictated by global markets. The Philippines…
Senator Win Gatchalian urges talks with Iran to secure Phl oil supply
Sen. Win Gatchalian urges the Philippine government to hold talks with Iran to secure oil shipments through the Strait of Hormuz amid global supply disruptions.
Emergency talks tackle choked oil route
Iran leader Ayatollah Mojtaba Khamenei said the Strait of Hormuz must remain effectively shut.
All routes lead to chaos: Trump's tariff war forces brands to reroute supply chains
Companies flee Mexico, ocean rates swing, and warehouses overflow as U.S. trade policy sends global logistics into disarray.