
Houthi claims of attack on Saudi capital 'misleading,' coalition says
The Houthis claimed the attack on the oil facility near Riyadh.
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Topic
Latest Daily Tribune news and analysis on oil price hike.

The Houthis claimed the attack on the oil facility near Riyadh.
· 2 MIN READ

Two oil tankers were struck by unidentified projectiles near the Strait of Hormuz, according to UK maritime authorities, raising fresh concerns over shipping…
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‘Filipino manufacturers reported a notable impact from high oil prices, strong international competition and weak demand during September.’
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‘The government should be able to control local oil prices and should not have to pass the burden of rising global prices on to consumers.’
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Diesel prices could fall by as much as P7.50 per liter next week, potentially wiping out most of this week’s sharp increase as global oil supply concerns ease.
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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…
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Malacañang says fare increases should remain a last resort as the government continues fuel discounts, toll exemptions and targeted subsidies for drivers and…
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Diesel Prices Near P100/L Following P8.82 Per Liter Price Hike
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Diesel prices in the Philippines could rise by up to P10.50 per liter next week, while gasoline may increase by as much as P5, as attacks on key global oil…
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The DoE has triggered the process for possible petroleum excise tax relief after Dubai crude averaged $99.41 per barrel, above the $80 legal threshold.
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Filipino motorists face another steep fuel price hike this week, with gasoline rising by up to P5.68 per liter as Middle East supply risks push global oil…
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‘The Secretary is just waiting for the certification from the Department of Energy that the price of Dubai Crude Oil has exceeded the threshold.’
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The peso on Friday weakened 14.5 centavos, or 0.23 percent, to a fresh record low of P62.68 per US dollar – its 24th record low since the onset of the Middle…
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Two of the detected tracks start exactly where the tankers Riesco and Kylo transmitted their last signals before being sunk.
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The retreat came amid renewed concern over surging global oil prices and their impact on inflation, particularly after Brent crude broke above $100 a barrel as…
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The Department of Agriculture seeks at least P300 million in 2027 to expand the Philippine palm oil industry, reduce import dependence and boost domestic…
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Iran said it would target tankers off US allies Kuwait and Bahrain in response to Tuesday’s US strikes.
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