
Oil nears $100 on supply concerns
Global oil prices climbed closer to the $100-per-barrel mark on Monday, 8 June, as investors weighed supply risks in the Middle East, OPEC+ production policies…
· 1 min read
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Global oil prices climbed closer to the $100-per-barrel mark on Monday, 8 June, as investors weighed supply risks in the Middle East, OPEC+ production policies…
· 1 min read

Electricity consumers have been spared the irony of being taxed on charges meant to help them.
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The relief motorists got from this week’s sharp diesel price rollback could be short-lived, with industry estimates pointing to a fresh increase of up to P4.50…
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The northbound Quezon Avenue Flyover along EDSA was temporarily closed Friday morning after an oil spill caused by a tanker-related vehicular accident,…
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The National Government’s outstanding debt edged lower to P18.47 trillion as of end-April, marking its first monthly decline this year and snapping a six-month…
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The Department of Energy (DOE) has filed a civil case against Batangas 1st District Rep. Leandro Leviste and companies linked to him as it seeks to recover a…
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Full power relief for the grid-strapped Visayas region will take three months as several major power plants are slowly brought back online, the Department of…
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The attacks forced Saint Petersburg’s main airport to close for hours overnight.
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The ASEAN+3 Macroeconomic Research Office (AMRO) has warned that stagflationary pressures could emerge across the region if the Middle East conflict drags on.
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Oil prices climbed for a second straight session on Wednesday, 3 June, as renewed hostilities in the Middle East and stalled diplomatic efforts between Iran…
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The Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) is set to take a larger role in managing its energy sector following the signing of a new framework…
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PARIS, France (AFP) — France and its allies have detained a sanctioned Russian oil tanker in the Atlantic over the weekend, President Emmanuel Macron said on…
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The shipment was sourced from Enterprise Port in Texas, United States, and procured through Trafigura Pte. Ltd. on 13 April under the Department of Energy’s…
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Motorists will get a major break at the pumps as fuel prices are set for a sharp rollback effective Tuesday morning, today, according to the Department of…
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The Philippine National Oil Co. (PNOC) has secured a 21,000-metric-ton liquefied petroleum gas (LPG) shipment to support the country’s strategic fuel reserves…
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Aboitiz Foundation president Ginggay Hontiveros-Malvar has been appointed to the Board of Trustees of the Philippine Council for NGO Certification (PCNC) for…
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Global oil inventories are rapidly depleting ahead of peak summer oil demand in the Northern Hemisphere.
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Pessimism among businesses intensified in April as rapidly rising inflation, higher oil prices, and economic uncertainty stemming from the Middle East conflict…
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