Global oil markets stabilize as fuel spike ebbs — DoE
‘The industry is starting to stabilize, and I think it’s now just a matter of adjustment until we get back to pre-war price levels, but it won’t happen in a…
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‘The industry is starting to stabilize, and I think it’s now just a matter of adjustment until we get back to pre-war price levels, but it won’t happen in a…
· 2 MIN READ
The Department of Energy (DOE) said the worst of the recent oil price spike is likely over as global oil markets begin to stabilize, although motorists may…
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KUALA LUMPUR, Malaysia (AFP) — Malaysians flocked to fruit stalls Wednesday for a slice of durian after a bumper harvest and oversupply of rejected export…
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Petrochemical companies mainly in South Korea and Japan have scaled back production capacity, sending the cost of basic goods such as plastic bags surging.
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Replacement-cost pricing lets companies re-price against a hypothetical future invoice. The rocket’s engine would have a zero inventory lag on the way up.
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Senator Christopher “Bong” Go distributed financial relief and essential goods to 500 tricycle operators and drivers in San Isidro, Davao Oriental to help ease…
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‘There will be a rollback despite reports about the situation in the Strait of Hormuz. Even if developments occur today or tomorrow, fuel prices should remain…
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The reason was obscene in its very nature; the Marcos government found a way to profit from a war half a world away.
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MORE Power said Wholesale Electricity Spot Market prices surged to P10.30/kWh from P4.45/kWh, more than doubling during the period; the generation rate, which…
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Fuel prices are projected to decline sharply, with global oil markets shedding much of the geopolitical “war premium” that drove prices higher earlier this…
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TOKYO, Japan (AFP) — Summer is coming, a boom time for ice cream makers, but Japanese authorities have raided six major firms on suspicion of colluding to…
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Even with a US-Iran peace deal, returning to pre-war fuel price levels will take another six to12 months.
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Global oil markets fell sharply at the start of the week after reports of a framework agreement between the United States and Iran raised expectations that the…
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The Philippines could see fuel prices continue to ease if a reported United States-Iran agreement materializes this week, but the recent oil shock has already…
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The move is intended to address the widening gap between domestic corn production and demand from feed millers and livestock producers.
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Diesel rolls back at P4/L, gasoline spikes anew
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‘I think that will again spike the prices more than anything else. Anything that happens there affects the prices. If there’s a declaration (of full closure)…
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