Regain state control on oil, think tank urges
‘The government should be able to control local oil prices and should not have to pass the burden of rising global prices on to consumers.’
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Latest Daily Tribune news and analysis on Philippines oil.
‘The government should be able to control local oil prices and should not have to pass the burden of rising global prices on to consumers.’
· 3 MIN READ
Diesel prices could fall by as much as P7.50 per liter next week, potentially wiping out most of this week’s sharp increase as global oil supply concerns ease.
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The PSEi fell 1.12% to 5,730.02 for its fifth straight losing session, while the peso weakened to P62.73 against the US dollar as weaker growth prospects,…
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The PSEi fell 0.50 percent to 5,814.56 while the peso strengthened to P62.72 against the US dollar as investors weighed weaker growth prospects, higher oil…
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Malacañang says fare increases should remain a last resort as the government continues fuel discounts, toll exemptions and targeted subsidies for drivers and…
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Diesel Prices Near P100/L Following P8.82 Per Liter Price Hike
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Like Tatooine at the Outer Rim, small economies such as the Philippines may seem far from the center of power, but they still get pulled into the consequences…
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Diesel prices in the Philippines could rise by up to P10.50 per liter next week, while gasoline may increase by as much as P5, as attacks on key global oil…
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The DoE has triggered the process for possible petroleum excise tax relief after Dubai crude averaged $99.41 per barrel, above the $80 legal threshold.
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‘The Secretary is just waiting for the certification from the Department of Energy that the price of Dubai Crude Oil has exceeded the threshold.’
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The Department of Finance (DOF) said it is awaiting certification from the Department of Energy (DOE) that Dubai crude prices have breached the $80-per-barrel…
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Two of the detected tracks start exactly where the tankers Riesco and Kylo transmitted their last signals before being sunk.
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The Guards said Wednesday they pummeled a US military base in Jordan.
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The retreat came amid renewed concern over surging global oil prices and their impact on inflation, particularly after Brent crude broke above $100 a barrel as…
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The Department of Agriculture seeks at least P300 million in 2027 to expand the Philippine palm oil industry, reduce import dependence and boost domestic…
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Iran said it would target tankers off US allies Kuwait and Bahrain in response to Tuesday’s US strikes.
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The DA is seeking P300 million in 2027 to expand palm oil production and reduce the Philippines’ dependence on imports.
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