Regain state control on oil, think tank urges
‘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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Daily TribuneTopic
Latest Daily Tribune news and analysis on oil price update.
‘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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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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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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The DA is seeking P300 million in 2027 to expand palm oil production and reduce the Philippines’ dependence on imports.
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ASEAN is studying a proposed regional oil stockpiling initiative to strengthen energy security, with five member states expressing interest in creating…
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Bahri confirms that its vessel SIDR was involved in a security incident while transiting the Strait of Hormuz.
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The local bourse shed 40.66 points, reversing part of Tuesday’s 2.31-percent rebound even as the peso slumped to P62.56 from September 1’s P62.40 against the…
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