Pump prices split as gasoline rises, diesel falls
Fuel prices shift as gasoline rises by P1.56 per liter while diesel drops by P3.01 per liter, offering relief to transport operators and businesses. Kerosene…
· 2 MIN READ
Topic
oil prices
Latest Daily Tribune news and analysis on oil prices.
Asia energy ministers push stronger regional supply security
Energy ministers of ASEAN member economies, Australia, and Japan attending the fourth Asia Zero Emission Community Ministerial Meeting in Manila on 8 October…
· 2 MIN READ
Phl eyes diesel phase-down for 30% oil cut by 2030
The Philippines unveils an ambitious plan to cut oil reliance by 30% by 2030, focusing on reducing diesel use in industries, farms, and island communities…
· 1 MIN READ
Gasoline climbs as diesel gets relief
Gasoline prices in Metro Manila are set to rise, nearing P100 per liter, while diesel users get relief with a P1.30 per liter rollback. Kerosene prices also…
· 2 MIN READ
Houthi claims of attack on Saudi capital 'misleading,' coalition says
The Houthis claimed the attack on the oil facility near Riyadh.
· 2 MIN READ
Oil tankers attacked
Two oil tankers were struck by unidentified projectiles near the Strait of Hormuz, according to UK maritime authorities, raising fresh concerns over shipping…
· 1 MIN READ
PSEi extends losing streak to four sessions
The PSEi fell for a fourth straight session as investors weighed the BSP’s forecast of September inflation reaching 6.4% to 7.4%. The peso also weakened amid…
· 2 MIN READ
Phl factory activity posts first decline since April
‘Filipino manufacturers reported a notable impact from high oil prices, strong international competition and weak demand during September.’
· 2 MIN READ
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.’
· 3 MIN READ
PSEi falls as growth, oil concerns weigh
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…
· 1 MIN READ
Price-taker’s curse: Distant shocks and Filipino wallets
Like Tatooine at the Outer Rim, small economies such as the Philippines may seem far from the center of power, but they still get pulled into the consequences…
· 3 MIN READ
Oil price breach opens door to excise tax relief
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.
· 2 MIN READ
Oil supply risks drive P5.68 fuel hike
· 2 MIN READ
DoF awaits DoE nod for fuel tax suspension
‘The Secretary is just waiting for the certification from the Department of Energy that the price of Dubai Crude Oil has exceeded the threshold.’
· 2 MIN READ
DOF awaits DOE nod for fuel tax suspension
The Department of Finance (DOF) said it is awaiting certification from the Department of Energy (DOE) that Dubai crude prices have breached the $80-per-barrel…
· 2 MIN READ
Likely oil slicks in Strait of Hormuz after tanker strikes
Two of the detected tracks start exactly where the tankers Riesco and Kylo transmitted their last signals before being sunk.
· 2 MIN READ
Iran, U.S. trade blows as Hormuz impasse deepens
The Guards said Wednesday they pummeled a US military base in Jordan.
· 2 MIN READ