BSP sees BoP deficits in 2026 and 2027
‘These deficits highlight the shock from elevated oil and commodity prices, which continue to weigh on the country’s external position.’ — Bangko Sentral ng…
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6,190 results for “Oil”
Trump: Greenland exploration ready
‘The amount of easily available Oil is far greater than that of almost... anywhere in the World.’
BSP sees BOP deficits in 2026 and 2027
The Philippines’ balance of payments (BOP) deficit is projected to reach $9.2 billion this year and $8.5 billion in 2027 as elevated oil prices, transport…
Week’s trading session opens with strengthened stocks, peso
The local bourse advanced for a second consecutive session, rising 42.19 points to 5,743.18 even as the peso strengthened modestly, to close at P62.760, from…
Pump prices split as gasoline rises, diesel falls
Fuel prices shift as gasoline rises by P1.56 per liter while diesel drops by P3.01 per liter, offering relief to transport operators and businesses. Kerosene…
Liberian ship’s crew okay after ME attack
Ten Filipino seafarers aboard the Liberian-flagged oil tanker M/V Yamilah III have safely returned to the Philippines after their vessel was attacked and…
Peso hits record-low close of P63.06 as stocks rebound
The Philippine peso sank to a record-low close of P63.06 per US dollar on Thursday, breaching the P63 level for the first time, as the war in the Middle East…
OFW cash remittances rise 1.9 percent in August
Cash remittances from overseas Filipino workers (OFWs) rose by 1.9 percent year on year to $3.03 billion in August, bringing inflows in the first eight months…
Houthis strike Riyadh building
Explosions rocked Riyadh as Saudi Arabia and Yemen’s Iran-backed Houthi group exchanged strikes, escalating the conflict across the region. A Houthi missile…
Houthi official warns ‘swift, painful response’ if U.S. enters Yemen war
Houthi officials warned the United States of a “swift and painful response” if it joins Saudi-led strikes against Yemen. The threat follows deadly attacks on…
PSEi falls 0.73 percent as peso weakens
The market retreated, falling 41.64 points to 5,701.54 after two consecutive sessions of gains, with investors remaining cautious amid growing expectations…
Tops ArtFest offers ₱50k painting prize
Plein-air contest in Cebu opens to student and professional artists on 23 October
IMF warns global shocks could widen rich-poor gap
“A prolonged conflict in the Middle East could put additional pressures on inflation and slow down growth,” IMF chief economist Silvana Tenreyro said, warning…
Saudi energy minister vows response to deadly attacks
‘The events of recent weeks are serious, our response must be equally serious.’
Zelensky vows response if Russia ignores ‘energy ceasefire’
Trump sowed confusion when he announced an energy ceasefire between the two warring countries without providing details.
Pump prices split as gasoline rises, diesel falls
Motorists face mixed fuel price adjustments as gasoline rises by ₱1.56 per liter and kerosene increases by ₱1.77, while diesel drops by ₱3.01. The Department…
The car wash
Regular car washes do more than keep a vehicle looking clean and shiny. They can help protect paint, prevent rust, preserve resale value, extend a car’s…
Cakes, doles, disconnect
Like the supposed response of French aristocracy to a hungry populace, the criticism is that cash handouts highlight the disconnect between those in power and…
