Diesel seen surging as conflict rattles oil markets anew
Motorists could face another hefty increase in diesel prices next week as escalating tensions in the Middle East and tightening global fuel supplies push oil…
· 2 min read
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Motorists could face another hefty increase in diesel prices next week as escalating tensions in the Middle East and tightening global fuel supplies push oil…
· 2 min read

Slower inflation in June has strengthened the government’s case for extending the P50-per-kilo price ceiling on imported rice, with Agriculture Secretary…
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‘The industry is starting to stabilize, and I think it’s now just a matter of adjustment until we get back to pre-war price levels, but it won’t happen in a…
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The Department of Energy (DOE) said the worst of the recent oil price spike is likely over as global oil markets begin to stabilize, although motorists may…
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KUALA LUMPUR, Malaysia (AFP) — Malaysians flocked to fruit stalls Wednesday for a slice of durian after a bumper harvest and oversupply of rejected export…
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Petrochemical companies mainly in South Korea and Japan have scaled back production capacity, sending the cost of basic goods such as plastic bags surging.
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A 15-year-old boy was turned over to social welfare authorities after a video captured him injuring a gasoline station attendant with a broken bottle in the…
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Replacement-cost pricing lets companies re-price against a hypothetical future invoice. The rocket’s engine would have a zero inventory lag on the way up.
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Senator Christopher “Bong” Go distributed financial relief and essential goods to 500 tricycle operators and drivers in San Isidro, Davao Oriental to help ease…
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‘There will be a rollback despite reports about the situation in the Strait of Hormuz. Even if developments occur today or tomorrow, fuel prices should remain…
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The reason was obscene in its very nature; the Marcos government found a way to profit from a war half a world away.
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MORE Power said Wholesale Electricity Spot Market prices surged to P10.30/kWh from P4.45/kWh, more than doubling during the period; the generation rate, which…
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Fuel prices are projected to decline sharply, with global oil markets shedding much of the geopolitical “war premium” that drove prices higher earlier this…
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TOKYO, Japan (AFP) — Summer is coming, a boom time for ice cream makers, but Japanese authorities have raided six major firms on suspicion of colluding to…
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Even with a US-Iran peace deal, returning to pre-war fuel price levels will take another six to12 months.
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Global oil markets fell sharply at the start of the week after reports of a framework agreement between the United States and Iran raised expectations that the…
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The Philippines could see fuel prices continue to ease if a reported United States-Iran agreement materializes this week, but the recent oil shock has already…
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