MANILA – Domestic oil prices will likely decrease by as much as PHP5 per liter next week, given market developments as of August 6, reflecting the situation in the Middle East. Jetti Petroleum president Leo Bellas, in a…
Oil prices jumped Monday following a weekend of attacks in the Middle East, while more losses for computer chip companies and other winners of the artificial-intelligence boom dragged stock markets lower. The price for a barrel of Brent crude oil, the international standard, climbed…
TOKYO, Japan —Oil prices plunged more than four percent Monday after the United States and Iran announced they had reached a peace agreement to end months of a war that had roiled energy markets. West Texas Intermediate…
BANGKOK (AP) — Asia’s first defenses against energy shocks from the Iran war are running short and a second wave of impacts is beginning to hit. When the war started, governments scrambled to adapt to the closure…
MANILA, Philippines – Oil prices are expected to stay higher for longer as continued disruptions in the Strait of Hormuz disrupt global shipping flows, prompting DBS Bank and First Metro Securities Brokerage Corp. to revise their outlooks.…
NEW YORK, United States — Oil prices surged on Tuesday to their highest point since the US-Iran ceasefire, weighing on US equities as stalled negotiations to reopen the Strait of Hormuz heightened concerns about inflation. At the same…
Oil prices rose on Monday while stocks were mixed, with the United States and Iran no closer to ending their eight-week-old war after Donald Trump cancelled his envoys’ trip for peace talks over the weekend. Hopes that…
CEBU CITY, Philippines — Diesel prices will further drop starting Tuesday, April 28, 2026, as fuel firms implement the fourth straight week of price rollbacks, regulators announced. The Department of Energy confirmed that the latest adjustments will…
CEBU CITY — Oil prices in Central Visayas, and virtually in the rest of the world, won’t likely return to their pre-Iran war levels despite recent rollbacks and the extension of a fragile ceasefire in the Middle…
Oil prices edged higher Wednesday while Europe’s main stock markets eased on uncertainty surrounding the prospect of resumed Mideast peace talks following an extension to the US-Iran ceasefire. Asian equities had a mixed trading day as investors…
Oil prices fell on Tuesday while most stocks rose on lingering hopes for a deal to end the US-Iran war and reopen the Strait of Hormuz, even as Tehran said it had not decided whether to attend…
MANILA, Philippines — Another transport strike is scheduled for Tuesday, April 21, as various groups ramp up their demands for the government to reduce fuel prices and suspend the excise and value-added taxes on petroleum products. The…
