AMRO warns of ASEAN+3 stagflation risks
The ASEAN+3 Macroeconomic Research Office (AMRO) warns that prolonged Middle East conflict and surging oil prices could trigger stagflation risks across the…
· 2 MIN READ
Topic
Oil
Oil and petroleum news — global prices, local pump rates, and energy-market developments affecting transport and households.
France, UK intercept Russian tanker
France and its allies have detained a sanctioned Russian oil tanker in the Atlantic as part of enforcement actions against Russia’s “shadow fleet,” escalating…
· 1 MIN READ
Fuel rates tumble as diesel drops over P9/L
Motorists are set for major relief as fuel prices in the Philippines are expected to drop sharply, with gasoline, diesel, and kerosene posting significant…
· 1 MIN READ
PNOC lands 21,000-MT LPG cargo, expands reserves
PNOC secures a 21,000-MT LPG cargo from the US to boost the Philippines’ strategic fuel reserves, stabilise LPG supply, and strengthen energy security amid…
· 1 MIN READ
Hormuz closure threatens summer fuel scarcity
Global oil inventories are rapidly depleting ahead of peak summer oil demand in the Northern Hemisphere.
· 2 MIN READ
Business pessimism deepens amid energy crisis — BSP
Business confidence in the Philippines weakened further in April as the BSP reported a sharp drop in sentiment due to rising inflation, higher oil prices, and…
· 2 MIN READ
Fuel prices seen to fall sharply
Motorists may get significant relief next week as fuel prices are projected to drop sharply, with diesel expected to decrease by as much as P7.50 per liter and…
· 2 MIN READ
Strategic energy hub
· 3 MIN READ
New hike excuse: Summer demand
· 2 MIN READ
Pakistan steps up diplomatic bid to get peace talks on track
Six weeks since a fragile ceasefire took effect, talks to end the war have made little progress.
· 2 MIN READ
UK eases sanctions on Russian jet fuel, diesel imports
The United Kingdom has eased sanctions on Russian fuel imports refined in third countries amid surging global energy prices linked to Middle East tensions,…
· 2 MIN READ