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LONDON (Reuters) -Global oil demand will grow by 1.9 million barrels per day (bpd) this year, according to a prediction by energy research company Wood Mackenzie, a forecast close to the Organisation of the Petroleum Exporting Countries’…
MANILA, Philippines —The five-week trend of rising fuel prices will stop on Tuesday, February 13, due to a decrease in global demand. Local fuel companies announced in separate statements on Monday that they would reduce gasoline prices…
(Reuters) – Oil prices rose in early trade on Friday, on track for weekly gains, with tensions persisting in the Middle East after Israel rejected a ceasefire offer from Hamas. Brent futures climbed 8 cents, or 0.1%,…
TOKYO (Reuters) – Oil prices drifted lower on Friday after a rally the day before, as geopolitical tensions and disruptions in U.S. oil production from a cold blast were countered by concerns over slow demand growth in…
SINGAPORE (Reuters) – Oil prices rose more than 2% on Friday as the United States and Britain carried out strikes against Houthi military targets in Yemen in retaliation for attacks by the Iran-backed group on shipping…
MANILA—Prices of gasoline and kerosene will again decline while price of diesel will increase on Tuesday, October 3, 2023. The price of gasoline will drop by up to P2 per liter while kerosene by 50 centavos per…
MANILA—After two and a half months, motorists are still expected to reel from increases in the pump prices of petroleum products, as local oil companies announced that fuel prices will again increase by more than P2 per…
CEBU CITY, Philippines — Motorists will continue to bear the brunt of another price increase on fuel this week, which has been hiked again and this time by up to P2.50 per liter effective Tuesday, August 15.…
MANILA -Oil firms will raise fuel prices for the sixth week in a row on Tuesday, August 15, 2023, with prices expected to rise by up to P2.50 per liter. In separate advisories, the companies said they…
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Tuesday, June 27. Oil climbs on concerns Russia political issues may impact supply Oil prices rose…
MANILA, Philippines — The revived prospect of cooperation between the Philippines and China in exploring the West Philippine Sea (WPS) for oil and gas deposits has elicited varied reactions from senators, with Sen. Grace Poe suggesting that…
Prices of basic commodities and other products which we frequently purchase, such as grocery items and fuel for our vehicles, has recent been on consecutive hike, leaving us scrimping our hard-earned money and making smart decisions when…
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