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…
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Topic
oil spill
Latest Daily Tribune news and analysis on oil spill.
Oil supply risks drive P5.68 fuel hike
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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.’
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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.
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Stocks pull back as oil prices surge
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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Da seeks P300M to boost palm oil production
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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U.S. says it destroyed five Iran oil tankers
Iran said it would target tankers off US allies Kuwait and Bahrain in response to Tuesday’s US strikes.
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DA seeks P300M to boost palm oil production
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 weighs regional oil stockpile amid supply risks
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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Oil tanker attacked, two Filipinos killed
Bahri confirms that its vessel SIDR was involved in a security incident while transiting the Strait of Hormuz.
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PSEi falls, peso hits fourth straight record low
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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BSP: Oil, AI gaps hurt Phl
Remolona said the Philippines should diversify its oil sources and establish strategic fuel reserves to reduce its exposure to supply shocks.
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Oman moves to contain oil spill
Oman is working to contain an oil spill covering about 390 square kilometers near a protected marine reserve after a tanker ran aground off the southern coast.
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Hefty fuel price cuts kick in, but global oil risks linger
Motorists get major relief as gasoline, diesel and kerosene prices drop sharply this week, with cuts of up to nearly P5 per liter. Learn how much you can save…
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U.S. Senate passes sweeping Russia sanctions bill
Sanctions include 100-percent tariffs on the five main importing countries of Russian gas and oil, including China and India.
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Oil retreat, stronger peso point to another big pump price rollback
Gasoline and diesel prices are set to fall by up to ₱5 per liter next week as international oil prices drop and the peso strengthens against the US dollar.
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OPEC+ production hike, new quotas loom
Crude oil production is likely to increase by 188,000 barrels per day.
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