
Global supply issues keeping prices high
The potential closure of Russian oil refineries, stemming from heavy financial losses and declining production, has further tightened supply
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Topic

The potential closure of Russian oil refineries, stemming from heavy financial losses and declining production, has further tightened supply
· 1 min read
Fuel companies announced on Monday price hikes of P1.15 per liter for gasoline, P1.10 per liter for diesel, and P0.80 per liter for kerosene, set to take…
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It said that diesel prices will increase by P0.90 to P1.10 per liter, while gasoline will hike by P0.90 to P1.10 per liter starting Tuesday next week.
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Personnel assist customers at a mini-grocery selling mostly Noche Buena items at Commonwealth Market in Quezon City on Friday, 22 November 2024. The Department…
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Despite lowering the final price per share, DITO CME Holdings Corp., the parent company of third telecommunications player DITO Telecommunity Corp., is set to…
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Increased CME blend not only reduces harmful particulate and sulfur dioxide emissions but also benefits coconut farmers and local biofuel producers.
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The company, in a stock exchange filing on Tuesday, attributed the drop to volatility in the international oil market and a correction in refining margins.
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As oil prices continue to climb, jeepney drivers across the Philippines are feeling the pinch.
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Motorists should brace for an increase in the prices of both diesel and kerosene at the local pumps starting tomorrow morning. Meanwhile, those…
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DoE attributed the increase in kerosene to optimism about US fuel demand, particularly given recent decreases in US crude and gasoline inventories.
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The Philippines will see mixed adjustments in fuel prices next week, according to Rodela Romero, Director of the Department of Energy’s Oil Industry…
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Asian markets mostly rose Tuesday with investors looking ahead to the release of US economic data and the earnings reports of tech titans this week.
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Global stocks diverged and oil prices tumbled on Monday as markets were relieved that Israel's strikes on Iran had avoided the country's energy infrastructure.
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The Department of Trade and Industry (DTI) on Wednesday issued a price freeze on basic necessities in areas under a state of calamity following the onset of…
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Russia in March vetoed the renewal of a panel of UN experts monitoring international sanctions on North Korea
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To further strengthen the energy sector, particularly in the field of renewable energy, the Philippine Economic Zone Authority (PEZA) and the Philippine…
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The bellwether index on Wednesday slipped 19.31 points, or 0.26 percent, to close at 7,437.00.
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A significant fuel price hike took effect on Tuesday, greatly affecting public transportation drivers and operators nationwide.
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