Hormuz closure threatens summer fuel scarcity
Global oil inventories are rapidly depleting ahead of peak summer oil demand in the Northern Hemisphere.
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Daily TribuneTopic
Global oil inventories are rapidly depleting ahead of peak summer oil demand in the Northern Hemisphere.
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Pessimism among businesses intensified in April as rapidly rising inflation, higher oil prices, and economic uncertainty stemming from the Middle East conflict…
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‘The Implementing Rules and Regulations will seek careful balance between protecting consumers from high prices, safeguarding the viability of local hog…
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Fuel prices are expected to decline sharply after nearly a month of consecutive increases, as easing concerns over Middle East supply disruptions weigh on…
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TOKYO, Japan — President Ferdinand Marcos Jr. has secured $3.4 billion in investment commitments from various Japanese firms following his roundtable meeting…
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For decades, the Philippines approached energy security largely through the logic of globalization: import what is needed, rely on international markets, and…
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DAVAO CITY — Mayor Sebastian “Baste” Duterte has proposed the purchase of additional buses to improve public transportation services for commuters in the city.
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Pump prices for petroleum products are expected to rise again next week, with diesel and gasoline likely to see fresh hikes amid the tight global supply and…
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Six weeks since a fragile ceasefire took effect, talks to end the war have made little progress.
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LONDON, United Kingdom (AFP) — The UK government said Wednesday that it had eased sanctions on imports of Russian jet fuel and diesel refined in third…
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SEOUL, South Korea (AFP) — A South Korean oil tanker is currently passing through the Strait of Hormuz, the country’s top diplomat said on Wednesday, marking…
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A law without funding is not a law but a mere statement of aspirations that the government has chosen not to honor by marginalizing the Philippine Health…
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The Philippine Stock Exchange Index (PSEi) extended its decline on Tuesday while the peso held steady at the record low of P61.75 posted a day earlier,…
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The Philippine Stock Exchange index (PSEi) extended its decline on Monday, falling 35.25 points or 0.59 percent to 5,941.52, as investors remained cautious…
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MISAMIS ORIENTAL — Authorities from the Philippine National Police-Criminal Investigation and Detection Group Regional Field Unit 10 (PNP-CIDG RFU 10) seized…
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Industry estimates show diesel prices could jump by P2 to P2.50 per liter by Tuesday morning, while gasoline prices may climb by P0.75 to P1.25 per liter,…
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Hongkong and Shanghai Banking Corporation (HSBC) has cautioned that the Philippines is increasingly showing signs of stagflation as soaring oil prices and…
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The proposed $1.75-billion financing package comes on top of some $2 billion in policy-based loans already being prepared by the multilateral lender for the…
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