Oil tanker attacked, two Filipinos killed
Bahri confirms that its vessel SIDR was involved in a security incident while transiting the Strait of Hormuz.
· 2 MIN READ
Topic
Oil
Oil and petroleum news — global prices, local pump rates, and energy-market developments affecting transport and households.
Mideast Crisis: Battering’s far from over
It is projected that continued conflict in the Middle East could push an additional 20.9 million people into poverty across 20 developing countries.
· 3 MIN READ
Produktong petrolyo, magkakaroon ng P4 na rollback
Umarangkada na ang halos P4 kada litrong rollback sa presyo ng diesel at kerosene, habang bahagyang bumaba naman ang gasolina matapos ang dalawang linggong…
· 1 MIN READ
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.
· 2 MIN READ
Fresh fuel hike brings diesel back near P100
Diesel prices could rise by up to P2.25 per liter next week, pushing some Philippine fuel prices toward P100 as geopolitical risks drive global oil costs…
· 2 MIN READ
Philippines turns to Malaysia as fuel imports surge
Malaysia boosts its role as a key fuel supplier to the Philippines amid the Middle East oil crisis, helping drive bilateral trade to $4.21 billion in early…
· 2 MIN READ
Peso nears P62, evades record low for now
The peso weakened 3 centavos or 0.05 percent to P61.815 per US dollar on Wednesday, briefly touching a new record intraday high of P61.995 as investors reacted…
· 2 MIN READ
Drill without surrender
In Ocampo v. Arroyo, G.R. 182734, the Supreme Court invalidated in 2023 an earlier joint seismic undertaking among Philippine, Chinese and Vietnamese state…
· 2 MIN READ
Hormuz disruption could reshape global economy for years — Israeli analyst
TEL AVIV, Israel – The status quo of the global economy as of 28 February, before the escalation of the Middle East conflict, is long gone, according to Danny…
· 3 MIN READ
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.
· 2 MIN READ
Presyo ng diesel, gasolina at kerosene, bumaba ng halos P5 kada litro
Nagpatupad ang Department of Energy (DOE) ng rollback sa presyo ng langis: bawas na ₱4.70/L sa gasolina, ₱4.30/L sa diesel, at ₱4.88/L sa kerosene ngayong…
· 1 MIN READ
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…
· 2 MIN READ
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.
· 2 MIN READ
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.
· 2 MIN READ
Trump sees interim deal to reopen strait soon, missile hits Saudi tanker
Deal would not involve the payment of tolls and could be extended.
· 3 MIN READ
OPEC+ production hike, new quotas loom
Crude oil production is likely to increase by 188,000 barrels per day.
· 1 MIN READ
Bawas-presyo sa produktong pretolyo, nakatakdang ipatupad ngayong Agosto
Inaasahang magpapatupad ng rollback na ₱0.50 hanggang ₱2.00 kada litro sa gasolina, diesel, at kerosene ngayong Agosto batay sa galaw sa pandaigdigang merkado.
· 1 MIN READ