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oil surge

Latest Daily Tribune news and analysis on oil surge.

  1. GAS station personnel assist motorists refueling at a station along East Avenue in Quezon City on Friday, 20 June. The Department of Energy warned that diesel prices may increase by up to P5 per liter next week due to rising global oil prices. President Ferdinand Marcos Jr. earlier said the government is prepared to provide fuel subsidies to sectors most affected by potential oil supply disruptions stemming from tensions between Israel and Iran.

    Trump-backed strikes fuel oil surge worry

    Fears of surging oil prices loom after U.S. airstrikes on Iran's nuclear sites, with Philippine fuel firms warning of sharp pump price hikes next week due to…