Gasoline hike hits P3.50 amid oil risks
Gasoline prices surge by P3.50 per liter starting Tuesday, driven by tight regional supply and higher crude oil costs, while diesel prices drop by P1.00 per…
· 2 MIN READ
Topic
Oil
Oil and petroleum news — global prices, local pump rates, and energy-market developments affecting transport and households.
25 rescued from burning tanker
RITI, flying the Panamanian flag, was targeted, which led to a fire breaking out on board.
· 3 MIN READ
Houthis ramp up attacks vs Saudi, Yemen
The Houthis also launched attacks on the southern Khamis Mushait air base as well as ‘crude oil pumping stations and the crude oil pipeline from east to west.’
· 3 MIN READ
Oil spills from tanker as ships attacked
Many residents in the north of the country have reported oil smells on social media in recent days.
· 1 MIN READ
Oil tanker on fire after hitting mine
The ship was traveling in the strait’s ‘unauthorized southern route.’
· 1 MIN READ
'Massive' drone attack kills one, hits oil sites
City authorities said the attack also disrupted flights at Saint Petersburg's main airport.
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Oil tanker on fire after hitting mine in Hormuz
‘The tanker attempted to cross the strait with US support... by deactivating all its tracking systems.’
· 2 MIN READ
Fuel prices seesaw as gasoline faces P4 rollback
Gasoline prices are set to drop by over P4 per liter next week, offering relief to motorists, while diesel prices may see a slight increase amid volatile…
· 2 MIN READ
Defying Trump, Zelensky says will keep hitting Russian refineries
Ukraine had attacked an oil refinery in Ryazan, south of the capital, Moscow.
· 2 MIN READ
BSP sees BoP deficits in 2026 and 2027
‘These deficits highlight the shock from elevated oil and commodity prices, which continue to weigh on the country’s external position.’ — Bangko Sentral ng…
· 2 MIN READ
Trump: Greenland exploration ready
‘The amount of easily available Oil is far greater than that of almost... anywhere in the World.’
· 2 MIN READ
Pump prices split as gasoline rises, diesel falls
Fuel prices shift as gasoline rises by P1.56 per liter while diesel drops by P3.01 per liter, offering relief to transport operators and businesses. Kerosene…
· 2 MIN READ
Trump hails Russia deal releasing diesel
President Volodymyr Zelensky criticized Trump for an ‘unworthy’ and ‘weak’ move.
· 2 MIN READ
Trump rules out new Iran attack before midterm polls
‘We are having productive discussions with the Islamic Republic of Iran.’
· 2 MIN READ
Asia energy ministers push stronger regional supply security
Energy ministers of ASEAN member economies, Australia, and Japan attending the fourth Asia Zero Emission Community Ministerial Meeting in Manila on 8 October…
· 2 MIN READ
PNOC studies Batangas wind hub
AbaCore Capital Holdings Inc subsidiary SEDCO has signed a second amendment to its memorandum of agreement with PNOC covering the conduct of a wind resource…
· 2 MIN READ
Phl eyes diesel phase-down for 30% oil cut by 2030
The Philippines unveils an ambitious plan to cut oil reliance by 30% by 2030, focusing on reducing diesel use in industries, farms, and island communities…
· 1 MIN READ