DOE: Worst of oil price spike over as global markets stabilize
The Department of Energy (DOE) said the worst of the recent oil price spike is likely over as global oil markets begin to stabilize, although motorists may…
· 2 MIN READ
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The Department of Energy (DOE) said the worst of the recent oil price spike is likely over as global oil markets begin to stabilize, although motorists may…
· 2 MIN READ

'These new arrangements will be concerning guaranteeing the security of passage.'
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Former Bangko Sentral ng Pilipinas Governor and Finance Secretary Benjamin Diokno said President Ferdinand Marcos Jr. bears part of the responsibility for the…
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Colombo (AFP) -- Sri Lanka on Tuesday cut fuel prices by up to six percent, the first such move since the Middle East war triggered a surge in energy prices in…
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Even with the pick up in maritime traffic through the strait it would take time for energy markets to recover.
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Some 10,000 liters of UCO can fuel around 166 jeepneys.
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Replacement-cost pricing lets companies re-price against a hypothetical future invoice. The rocket’s engine would have a zero inventory lag on the way up.
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Customs Commissioner Ariel Nepomuceno said the meeting seeks to promote transparency, strengthen inter-agency coordination, and ensure that all actions taken…
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Iran’s Revolutionary Guards announced on Saturday that they had attacked American positions in the Gulf after US strikes on Iran.
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Maharlika’s fuel tank farm buys the country time while energy transition — the one that would materially reduce the country’s 97-percent crude import…
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Motorists could see another week of mixed pump price adjustments as easing global oil prices compete with lingering geopolitical risks that continue to cloud…
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MOSCOW, Russia (AFP) — Standing at a Moscow petrol station, taxi driver Safarali Nazarov said he was so frustrated at being forced to queue for fuel he was…
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TEHRAN (AFP) — Iran’s Revolutionary Guards on Thursday warned against any crossings of the Strait of Hormuz without authorization, saying vessels not complying…
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The United States temporarily suspended sanctions on Iranian oil Monday after Vice President JD Vance said Tehran would allow U.N. nuclear inspectors to return.
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Our inflation is going bonkers at almost a 7-percent clip, which is way over the 2- to 4-percent target of our economic planners.
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The reason was obscene in its very nature; the Marcos government found a way to profit from a war half a world away.
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The BSP’s key policy rate now stands at 4.75 percent. Interest rates on overnight deposit and lending facilities were likewise adjusted to 4.25 percent and…
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