
Oil prices surge as supply fears offset IEA's record stockpile release
Oil prices soared Thursday and stocks sank as Iran struck two tankers in Iraq and threatened to bring down the global economy, overshadowing a record release…
· 3 MIN READ
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Oil prices soared Thursday and stocks sank as Iran struck two tankers in Iraq and threatened to bring down the global economy, overshadowing a record release…
· 3 MIN READ

For heavily import-dependent economies, like the Philippines, the effect is amplified.
· 3 MIN READ

The House of Representatives on Wednesday approved on second reading a measure authorizing President Ferdinand “Bongbong” R. Marcos Jr. to temporarily suspend…
· 3 MIN READ

Philippine equities extended their gains on Wednesday, with the Philippine Stock Exchange index (PSEi) closing at 6,158.33, up 31.67 points or 0.52 percent.
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President Ferdinand “Bongbong” R. Marcos Jr. has ordered the immediate distribution of a P5,000 fuel subsidy to public utility drivers affected by rising fuel…
· 1 MIN READ

Department of Social Welfare and Development Secretary Rex Gatchalian together with members of other government agencies announced this Wednesday that a P5,000…
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Transport groups on Wednesday assured the House of Representatives that they would maintain current fares despite the sharp increase in fuel prices on Tuesday.
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Amid rising prices of fossil-based commodities triggered by the conflict in the Middle East, the Institute for Climate and Sustainable Cities (ICSC) urged the…
· 2 MIN READ

While many are still grappling with a sharp spike in fuel prices, electricity users served by Manila Electric Company (Meralco) will also see higher power…
· 2 MIN READ

Subic Town, Zambales — A record-breaking fuel price hike implemented Tuesday is expected to cripple the local fishing industry, prompting calls for the…
· 1 MIN READ

Rising global oil prices have forced shipping operators in Cebu to cancel routes and hike fares as the industry struggles to absorb a 40 percent surge in fuel…
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Transport and agricultural workers are feeling the squeeze as fuel prices surge, cutting into incomes and threatening food production.
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We need to see the President on top of things. Not out there posturing before the rest of the world as if his opinion mattered.
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OLONGAPO CITY, Zambales — Tricycle drivers in this city are struggling to cope with the recent surge in fuel prices triggered by tensions in the Middle East…
· 2 MIN READ

All military activities related to protecting the West Philippine Sea (WPS) will continue amid the rising fuel price hike brought by the Middle East war, an…
· 1 MIN READ

The House Committee on Ways and Means on Tuesday approved a substitute bill authorizing President Ferdinand Marcos Jr. to suspend or reduce excise taxes on…
· 3 MIN READ

Leyte Rep. Ferdinand Martin Romualdez on Tuesday welcomed the approval of a substitute bill that would authorize President Ferdinand Marcos Jr. to suspend or…
· 2 MIN READ

Senator Mark Villar on Tuesday expressed concern over the recent surge in global oil prices, warning that higher fuel costs could place additional strain on…
· 1 MIN READ

