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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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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Motorists can expect some relief at the pump as fuel prices are set to drop in the first week of March, according to industry sources.
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‘Our dedication to a sustainable aviation industry is demonstrated by the success of the Philippines Sustainable Aviation Fuel Forum. Through innovation and…
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The Philippines is laying the groundwork for Sustainable Aviation Fuel (SAF) production and usage, leveraging its abundant agricultural waste feedstock to meet…
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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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Industry experts highlight SAF's potential to reduce aviation emissions by up to 80 percent compared to conventional jet fuel.
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The Criminal Investigation and Detection Group (CIDG) announced on Friday that at least P1.6 million worth of smuggled cigarettes were seized, and one suspect…
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A 40-year-old Colombian man was arrested after allegedly attempting to smuggle cocaine worth more than $10,500 under a wig while boarding a flight to Amsterdam.
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'We remain committed to upholding the law and guaranteeing compliance in the gasoline industry, as evidenced by the recent operations in the Bicol Region'
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Motorists are set to face another round of fuel price hikes as petroleum product prices increase for the second consecutive week on Tuesday, 25 February.
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Chloe and her handler, Philippine Coast Guard Petty Officer 3 Fretzie Baco of Task Force Aduana, inspect 18 luxury vehicles seized by the Bureau of Customs’…
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On 17 February 2025, Manila Field Station Chief Alvin Enciso of the Customs Intelligence and Investigation Service – Manila International Container Port…
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MARIVELES, Bataan — District Collector Atty. Kriden F. Balgomera of the Port of Limay revealed Friday that he issued a warrant of seizure and detention against…
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District Collector Atty. Kriden F. Balgomera of the Port of Limay revealed Friday that he had issued a warrant of seizure and detention against a vessel and 11…
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Prompted by shifting global market trends, fuel costs will roll back this week following last week's mixed price movements.
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Final price adjustments from local oil companies will be announced on Monday, with implementation set for Tuesday.
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