Hormuz closure threatens summer fuel scarcity
Global oil inventories are rapidly depleting ahead of peak summer oil demand in the Northern Hemisphere.
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Daily TribuneTopic
Global oil inventories are rapidly depleting ahead of peak summer oil demand in the Northern Hemisphere.
· 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,…
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‘Balik Ginhawa addresses the emergency now. GSEL and GBEL help members manage costs over time. That distinction matters.’
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Industry estimates, based on the full week of Mean of Platts Singapore trading and foreign exchange movements, indicate that diesel prices could decline by…
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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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The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) reported Sunday that a low-pressure area (LPA) inside the Philippine…
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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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Bruno Mars makes a comeback to Billboard Latin charts with “Lo Arriesgo Todo," the Spanish-language rendition of his latest single “Risk It All.”
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Around 50,500 workers were set to walk off production lines for 18 days from Thursday.
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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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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…
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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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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…
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