Nations drawing down oil stocks at record pace
PARIS, France (AFP) — Countries are tapping into oil inventories and strategic reserves at a “record pace” due to the “unprecedented” supply disruptions caused…
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Daily TribuneTopic
PARIS, France (AFP) — Countries are tapping into oil inventories and strategic reserves at a “record pace” due to the “unprecedented” supply disruptions caused…
· 1 min read
The US has also accused Iran of laying mines in the Strait of Hormuz.
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President Ferdinand Marcos Jr. on Wednesday signed Executive Order No. 118 imposing a temporary price ceiling on imported rice following the recommendation of…
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Government agencies in CALABARZON are stepping up efforts to shield businesses and consumers from the worsening impact of the global oil crisis, as surging…
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The Department of Social Welfare and Development (DSWD) distributed P3.08 million in cash relief to 616 jeepney drivers and operators in Bataan to help cushion…
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Subic Bay Freeport — The Subic Bay Metropolitan Authority (SBMA) is moving to implement a sweeping financial relief package for workers and businesses to…
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Dubai — The United Arab Emirates’ (UAE) main gas-processing complex, one of the world’s largest, will not resume full capacity until next year, its operator…
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To mitigate the impact of rising costs on consumers, Meralco is proposing the earlier implementation of adjustments under its ERC-approved Power Supply…
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Airline passengers will see slightly cheaper flights in the second half of May after the Civil Aeronautics Board (CAB) lowered the fuel surcharge level for…
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The Philippine Stock Exchange index (PSEi) slipped 14.87 points, or 0.25 percent, to close at 5,971.98, as investor sentiment weakened amid fading optimism…
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Gasoline prices are up, P0.45 to P0.50 per liter starting this morning while diesel prices drop sharply by about P9.50 to P9.60 per liter, reversing last…
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The Philippine National Oil Company–Exploration Corp. (PNOC-EC) will sell 45 million liters of government-procured diesel over the next three months to support…
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BAGUIO CITY — Fuel prices in the city remained largely stable from 10 to 11 May, according to the latest monitoring conducted by the Baguio City Police…
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LONDON, United Kingdom (AFP) — The UK will send a destroyer to the Middle East ahead of any international mission to help protect shipping in the key Strait of…
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Industry sources say gasoline prices, driven by sustained uncertainty in international trading, may increase by P1.00 to P4.00 per liter. Diesel prices,…
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Market sentiment turned cautious after fresh reports of military exchanges between the US and Iran near the Strait of Hormuz. The peso weakened slightly,…
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The Department of Energy (DOE) is drawing a hard line on coal, insisting the country’s six-year-old moratorium will stay in place despite mounting pressure to…
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Department of Energy Secretary Sharon Garin said Thursday the country’s oil supply is nearing maximum storage capacity amid continued uncertainty in the global…
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