Fuel prices increase amid tight supply
China’s recent economic stimulus package is expected to boost regional oil consumption, further supporting price increases
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Daily TribuneTopic
China’s recent economic stimulus package is expected to boost regional oil consumption, further supporting price increases
· 1 min read
Local retailers announced a P0.80 per liter increase in both diesel and kerosene, while gasoline prices will rise by P0.90 per liter, effective tomorrow…
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Motorists should brace for another fuel price hike next week due to tightening global oil production.
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The Organization of the Petroleum Exporting Countries and its allies recently extended their 2.2 million barrels per day production cuts until April 2025,…
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BAGUIO CITY — The Police Regional Office Cordillera Administrative Region (PRO-CAR) claimed that from 1 January to 31 December 2024, its operatives were able…
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HELSINKI, Finland (AFP) — A probe of the sabotaged Baltic Sea power cable has uncovered a drag trail stretching dozens of kilometers on the seabed, Finnish…
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This estimated adjustment is triggered by the International Energy Agency’s continued expectation of an oversupplied oil market in 2025, even if OPEC+ holds…
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Nido Petroleum Philippines Pty Ltd. is awaiting the Department of Energy's (DOE) declaration of commerciality to expand the oil exploration and production…
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Motorists are feeling the pinch this week as fuel prices climb yet again, just as the Christmas season kicks into high gear.
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The prices of fuel sold at the local pumps are displaying mixed movements in response to geopolitical and market factors, with both rollbacks and increases…
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At least five individuals were arrested in a buy-bust operation conducted by the joint forces of the DDEU and the Valenzuela City Police Station in Barangay…
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Kyiv, Ukraine (AFP) — Ukrainian drones on Monday hit a fuel and energy facility in the Russian region of Kaluga, a source in Ukrainian military intelligence…
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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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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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