
DoF awaits DoE nod for fuel tax suspension
‘The Secretary is just waiting for the certification from the Department of Energy that the price of Dubai Crude Oil has exceeded the threshold.’
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Topic
Latest Daily Tribune news and analysis on crude volatility.

‘The Secretary is just waiting for the certification from the Department of Energy that the price of Dubai Crude Oil has exceeded the threshold.’
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The retreat came amid renewed concern over surging global oil prices and their impact on inflation, particularly after Brent crude broke above $100 a barrel as…
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Petron Corp. procures 2.48 million barrels of Russian crude amid Middle East supply disruptions, ensuring Philippine petroleum inventories under the national…
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The Philippines turns to Russian crude as Petron secures 2.5 million barrels to prevent fuel shortages amid soaring oil prices and global supply disruptions.
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Ejercito expressed reservations, saying it (China-Philippine deal) would not provide an immediate solution, noting that oil extraction would take three to five…
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China calls for restraint even as it continues to purchase Iranian crude.
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The DoE said gasoline next week may slide by around P0.50 per liter, diesel could edge up by roughly P0.50, while kerosene is poised for a sharper climb of…
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Experts had initially expected a production hike of 137,000 bpd from November, which would mirror the October increase.
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‘By planting enough belief that they would disrupt this key logistical channel, maritime costs could rise to the point that it would have a significant impact…
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Crude slips on easing worries of region-wide Middle East war
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Cryptocurrency skeptics look to bend the ear of regulators
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