Market recovers while peso sinks to new record low, again
The Philippine Stock Exchange index (PSEi) recovered on Tuesday, closing at 5,948.94, up 1.35 percent, as the local market staged a technical rebound driven by…
· 2 MIN READ
Daily TribuneTopic
The Philippine Stock Exchange index (PSEi) recovered on Tuesday, closing at 5,948.94, up 1.35 percent, as the local market staged a technical rebound driven by…
· 2 MIN READ
Among the potential sources being considered for government-to-government oil procurement are Russia, Indonesia, and India.
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President Ferdinand Marcos Jr. said he will issue an executive order imposing a ₱50-per-kilo price cap on imported well-milled rice.
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Senators on Tuesday warned of a looming agricultural crisis as the persistent surge in fuel prices driven by the Middle East conflict is pushing up fertilizer…
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Fears of a sharp rise in food prices due to a possible oil shock are being tempered by government assurances that contingency measures are already in place to…
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Cubans have endured regular outages as its aging power plants struggle to meet demand.
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Petron Corp. has procured 2.48 million barrels of crude oil from Russia amid geopolitical upheavals disrupting the country’s traditional Middle East supply…
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The peso has slumped to a new record low on Monday, closing at 60.69 against the US dollar, as rising oil imports and escalating geopolitical tensions…
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Leaving procurement, allocation, and pricing entirely to market forces, without parallel state capability, exposes the country to risks it cannot control.
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The surge in fuel prices has ripples throughout the economy, disrupting supply chains, raising food prices, and squeezing the incomes of those who work…
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When the oil industry was deregulated in 1998, the unbundling of bills at the pump should have accompanied it.
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President Ferdinand Marcos Jr. opened the C5 Link on Monday cutting travel time to 15 minutes for 36,000 vehicles daily, just as diesel topped P100 per liter,…
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Motorists may finally catch a break at the pump — but only on gasoline. Industry data collated by the Department of Energy (DoE) shows that any expected…
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The Bureau of Internal Revenue has facilitated the emergency importation of petroleum products by PNOC Exploration Corporation, issuing a special permit to…
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Malacañang on Monday ordered all government agencies to sharply reduce electricity and fuel consumption as the country faces rising oil prices.
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Filipinos are bracing for another sharp jump in fuel prices starting Tuesday as oil companies announce fresh increases.
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The country’s largest business groups on Monday urged the government to maintain stable interest rates and ensure fuel supply, warning that rising petroleum…
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Prices of petroleum products have surged to unprecedented levels just a month into the United States-Israel war on Iran. As a result, a lawmaker introduced a…
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