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oil price hike

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  1. BSP hikes seen supporting local currency

    BSP hikes seen supporting local currency

    According to BPI lead economist Emilio Neri Jr., interest rate hikes by the central bank in response to Gulf-driven inflation could support the local currency…

    DT · 8 June 2026 · 2 min read

  2. Diesel, kerosene prices spike despite gasoline rollback

    Diesel, kerosene prices spike despite gasoline rollback

    Lower gasoline prices may provide little comfort as soaring diesel and kerosene costs threaten to drive fuel expenses higher.

    Maria Bernadette Romero · 8 June 2026 · 2 min read

  3. Oil nears $100 on supply concerns

Oil nears $100 on supply concerns

Global oil prices climbed closer to the $100-per-barrel mark on Monday, 8 June, as investors weighed supply risks in the Middle East, OPEC+ production policies…

Mico Virata · 8 June 2026 · 1 min read

  • More BSP hikes loom, economists say

    More BSP hikes loom, economists say

    ‘The slower inflation print reduces the urgency for an off-cycle rate hike in the near term. However, a substantial increase in the policy rate at the next…

    Toby Magsaysay · 7 June 2026 · 2 min read

  • Writing material prices spike come class opening

    Writing material prices spike come class opening

    During her inspection on Saturday in Baclaran, Trade Secretary Cristina Roque said prices of school supplies remain accessible and competitively priced.

    Raffy Ayeng · 6 June 2026 · 2 min read

  • Diesel hike may undo half this week’s rollback

    Diesel hike may undo half this week’s rollback

    The relief motorists got from this week’s sharp diesel price rollback could be short-lived, with industry estimates pointing to a fresh increase of up to P4.50…

    Maria Bernadette Romero · 5 June 2026 · 2 min read

  • Xiaomi launches 6.6 bargains

    Xiaomi launches 6.6 bargains

    Xiaomi is offering discounts of up to P6,000 on selected smartphones, tablets, TVs and smart home devices as part of its 6.6 Sale running on Lazada from 1 to 8…

    DT · 5 June 2026 · 1 min read

  • Rise in Prices ease to 6.8% in May

    Rise in Prices ease to 6.8% in May

    The deceleration was largely driven by slower growth in transport costs, which rose 16.2 percent in May compared to 21.4 percent a month earlier; lower…

    Mico Virata · 5 June 2026 · 2 min read

  • Oil spill shuts down EDSA-Quezon Avenue flyover for three hours

    Oil spill shuts down EDSA-Quezon Avenue flyover for three hours

    The northbound Quezon Avenue Flyover along EDSA was temporarily closed Friday morning after an oil spill caused by a tanker-related vehicular accident,…

    Lisa Marie Apacible · 5 June 2026 · 1 min read

  • Gov’t debt slips from record-high streak — BTr

    Gov’t debt slips from record-high streak — BTr

    The National Government’s outstanding debt edged lower to P18.47 trillion as of end-April, marking its first monthly decline this year and snapping a six-month…

    DT · 4 June 2026 · 2 min read

  • Energy, military sites hit ahead of economic forum

    Energy, military sites hit ahead of economic forum

    The attacks forced Saint Petersburg’s main airport to close for hours overnight.

    Agence France-Presse · 3 June 2026 · 2 min read

  • AMRO warns of ASEAN+3 stagflation risks

    AMRO warns of ASEAN+3 stagflation risks

    The ASEAN+3 Macroeconomic Research Office (AMRO) has warned that stagflationary pressures could emerge across the region if the Middle East conflict drags on.

    Toby Magsaysay · 3 June 2026 · 2 min read

  • Global oil rises as Middle East tensions flare

    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…

    Mico Virata · 3 June 2026 · 1 min read

  • France, UK intercept Russian tanker

    France, UK intercept Russian tanker

    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…

    Agence France-Presse · 1 June 2026 · 1 min read

  • Fuel rates tumble as diesel drops over P9/L

    Fuel rates tumble as diesel drops over P9/L

    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…

    Maria Bernadette Romero · 1 June 2026 · 1 min read

  • PNOC lands 21,000-MT LPG cargo, expands reserves

    PNOC lands 21,000-MT LPG cargo, expands reserves

    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…

    Maria Bernadette Romero · 1 June 2026 · 1 min read

  • Hidden cost pressures are quietly reshaping Manila’s ride-hailing industry

    Hidden cost pressures are quietly reshaping Manila’s ride-hailing industry

    Amid volatile fuel prices and worsening traffic congestion, many drivers in Metro Manila say the biggest challenge in ride-hailing today is no longer simply…

    DT · 31 May 2026 · 2 min read

  • Hormuz closure threatens summer fuel scarcity

    Hormuz closure threatens summer fuel scarcity

    Global oil inventories are rapidly depleting ahead of peak summer oil demand in the Northern Hemisphere.

    Agence France-Presse · 30 May 2026 · 2 min read

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