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Oil Dependence

Latest Daily Tribune news and analysis on Oil Dependence.

  1. Houthis ramp up attacks vs Saudi, Yemen

    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.’

  2. BSP sees BoP deficits in 2026 and 2027

    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…

  3. Oil tankers attacked

    Oil tankers attacked

    Two oil tankers were struck by unidentified projectiles near the Strait of Hormuz, according to UK maritime authorities, raising fresh concerns over shipping…

  4. PSEi falls as growth, oil concerns weigh

    PSEi falls as growth, oil concerns weigh

    The PSEi fell 0.50 percent to 5,814.56 while the peso strengthened to P62.72 against the US dollar as investors weighed weaker growth prospects, higher oil…

  5. DoF awaits DoE nod for fuel tax suspension

    DoF awaits DoE nod for fuel tax suspension

    ‘The Secretary is just waiting for the certification from the Department of Energy that the price of Dubai Crude Oil has exceeded the threshold.’