Global trends push fuel prices lower for second week
Reflecting movements in the global oil market, the prices of fuel sold at the local pumps are set to decline for the second consecutive week.
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Daily TribuneTopic
Reflecting movements in the global oil market, the prices of fuel sold at the local pumps are set to decline for the second consecutive week.
· 1 min read
Consumers can expect a second week of lower pump prices as global oil prices decline due to rising US crude stockpiles and OPEC+ plans to increase production,…
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London, United Kingdom — A rare painting by street artist Banksy which reimagines Jack Vettriano's famous The Singing Butler sold for nearly 4.3…
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The decline was driven by lower demand in South Korea, high US fuel inventories, progress in Ukraine-Russia ceasefire talks, and the potential impact of…
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Pump prices are likely to decline next week, breaking a two-week streak of increases, as global oil markets react to weak demand and easing geopolitical…
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According to initial estimates, gasoline and diesel prices could drop by P0.90 to P1.20 per liter, while kerosene may see a rollback of P1.30 to P1.50 per…
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PXP Energy Corp., the upstream oil and gas company of tycoon Manuel V. Pangalinan, has yet to recover from the slump. Still, it managed to reduce its net loss…
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Donnabel Kuizon Cruz has been appointed chairperson of the Petroleum Association of the Philippines, a key role in advancing the country’s energy security and…
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Nagpatupad ng taas-presyo ngayong araw ang ilang kumpanya ng langis.
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Global oil prices have been under pressure from concerns over reduced exports from key suppliers, particularly as refinery maintenance season approaches.
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London, United Kingdom — Global stock markets rose on Monday, as traders appeared to shrug off US President Donald Trump's latest tariffs announcement…
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Shell Pilipinas Corp. is hoping to weather the effects of geopolitical uncertainties through diversification.
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British energy giant Shell on Thursday announced a 17-percent drop in annual net profit owing to weaker oil and gas prices as well as asset write-offs.
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China’s recent economic stimulus package is expected to boost regional oil consumption, further supporting price increases
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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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