Global oil rises as Middle East tensions flare
Oil prices climbed for a second straight session on Wednesday, 3 June, as renewed hostilities in the Middle East and stalled diplomatic efforts between Iran…
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Daily TribuneTopic
Oil prices climbed for a second straight session on Wednesday, 3 June, as renewed hostilities in the Middle East and stalled diplomatic efforts between Iran…
· 1 min read
PARIS, France (AFP) — France and its allies have detained a sanctioned Russian oil tanker in the Atlantic over the weekend, President Emmanuel Macron said on…
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Motorists will get a major break at the pumps as fuel prices are set for a sharp rollback effective Tuesday morning, today, according to the Department of…
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The Philippine National Oil Co. (PNOC) has secured a 21,000-metric-ton liquefied petroleum gas (LPG) shipment to support the country’s strategic fuel reserves…
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Global oil inventories are rapidly depleting ahead of peak summer oil demand in the Northern Hemisphere.
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Pessimism among businesses intensified in April as rapidly rising inflation, higher oil prices, and economic uncertainty stemming from the Middle East conflict…
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Fuel prices are expected to decline sharply after nearly a month of consecutive increases, as easing concerns over Middle East supply disruptions weigh on…
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For decades, the Philippines approached energy security largely through the logic of globalization: import what is needed, rely on international markets, and…
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Motorists are facing another round of fuel price increases this week, reviving concerns that diesel prices could soon return to the P100-per-liter territory…
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Pump prices for petroleum products are expected to rise again next week, with diesel and gasoline likely to see fresh hikes amid the tight global supply and…
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Six weeks since a fragile ceasefire took effect, talks to end the war have made little progress.
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LONDON, United Kingdom (AFP) — The UK government said Wednesday that it had eased sanctions on imports of Russian jet fuel and diesel refined in third…
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SEOUL, South Korea (AFP) — A South Korean oil tanker is currently passing through the Strait of Hormuz, the country’s top diplomat said on Wednesday, marking…
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The Philippine Stock Exchange Index (PSEi) extended its decline on Tuesday while the peso held steady at the record low of P61.75 posted a day earlier,…
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As pump prices swing anew this week, the country’s fuel inventory is also inching down, a twin development the Department of Energy (DoE) said remains under…
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The Philippine Stock Exchange index (PSEi) extended its decline on Monday, falling 35.25 points or 0.59 percent to 5,941.52, as investors remained cautious…
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MISAMIS ORIENTAL — Authorities from the Philippine National Police-Criminal Investigation and Detection Group Regional Field Unit 10 (PNP-CIDG RFU 10) seized…
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Industry estimates show diesel prices could jump by P2 to P2.50 per liter by Tuesday morning, while gasoline prices may climb by P0.75 to P1.25 per liter,…
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