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 · · 2 min read
Daily TribuneTopic
Global oil inventories are rapidly depleting ahead of peak summer oil demand in the Northern Hemisphere.
Agence France-Presse · · 2 min read
The nearly P9.30/kWh rate reflects the high cost of developing and operating pioneer Waste-To-Energy facilities, including specialized combustion equipment,…
Maria Bernadette Romero · · 2 min read
‘Balik Ginhawa addresses the emergency now. GSEL and GBEL help members manage costs over time. That distinction matters.’
Mico Virata · · 2 min read
Industry estimates, based on the full week of Mean of Platts Singapore trading and foreign exchange movements, indicate that diesel prices could decline by…
Maria Bernadette Romero · · 2 min read
Pessimism among businesses intensified in April as rapidly rising inflation, higher oil prices, and economic uncertainty stemming from the Middle East conflict…
Toby Magsaysay · · 2 min read
Fuel prices are expected to decline sharply after nearly a month of consecutive increases, as easing concerns over Middle East supply disruptions weigh on…
Maria Bernadette Romero · · 2 min read
For decades, the Philippines approached energy security largely through the logic of globalization: import what is needed, rely on international markets, and…
Jess Varela · · 3 min read
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…
Maria Bernadette Romero · · 2 min read
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…
Maria Bernadette Romero · · 2 min read
Six weeks since a fragile ceasefire took effect, talks to end the war have made little progress.
Reuters · · 2 min read
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…
Agence France-Presse · · 2 min read
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…
Agence France-Presse · · 1 min read
Tapping costlier diesel-fired power plants during the series of red alerts imposed in Luzon and the Visayas last week could trigger a slight increase in…
Maria Bernadette Romero · · 2 min read
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,…
Toby Magsaysay · · 2 min read
The government is moving to put locally produced rice under a P53-per-kilo suggested retail price as authorities attempt to contain food inflation while…
Mico Virata · · 2 min read
The government is moving to place locally produced rice under a P53-per-kilo suggested retail price as authorities attempt to contain food inflation while…
Mico Virata · · 2 min read
Iloilo City consumers will see lower electricity bills this May after MORE Electric and Power Corp. (MORE Power) reduced the power rate to cushion the impact…
Maria Bernadette Romero · · 2 min read
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…
Maria Bernadette Romero · · 2 min read