Saturday, December 27, 2025
Today's Print

Tag: oil prices

Pump price hike looms after Opec output cut

Oil prices will likely go up this week due to the decision of  the Organization of Petroleum Exporting Countries to adopt  a tentative agreement...

Oil slips on doubts over Opec decision

SINGAPORE"•Oil prices tumbled in Asia Friday as doubts emerged over the long-term success of a surprise Opec agreement to cut output and stabilize the...

Explain oil prices, firms told

THE Energy Department has asked the oil players to explain unusual price reductions in gasoline products in Mindanao which could breach provisions in the...

Crude prices increase slightly

SINGAPORE"•Oil prices posted marginal gains in Asia Wednesday as an industry report showing a decline in US stockpiles was offset by worries about the...

Oil prices hiked P0.25

THE country’s oil firms raised pump prices by as much as P0.25 per liter effective Tuesday to reflect the movement of prices at the...

Opec heads to key meeting this week

PARIS—Cartels only work when their members stick together—but precious little unity is likely to be on show among Opec producers at a key meeting...

Global oil glut set to last until ’17

PARIS, France"•A global oil glut that has hurt producers but means cheaper pump prices look set to go on at least six months longer...

Customs cuts goal

The Bureau of Customs said Thursday its reduced its 2016 collection target to P409 billion because of low oil prices in the global market.  Customs...

Oil prices cut P0.50

DOMESTIC oil prices declined by as much as P0.50 per liter starting Tuesday, ending three consecutive weeks of price increases. Pilipinas Shell Petroleum Corp., PTT...

Crude prices decline to below $47 a barrel

Oil declined amid doubts producers will agree on a deal to stabilize the market when suppliers meet next month for informal talks. Futures decreased as...

Oil firms increase prices by P1.45

THE country’s oil firms raised pump prices by as much as P1.45 per liter starting Tuesday due to market speculations a slowdown in global...

Oil ends seven-day advance

SINGAPORE"•Oil prices eased in Asia Monday, ending a seven-day rally, following news that Iraq will boost crude exports, while the dollar strengthened on speculation...

Retailers poised to hike oil prices

Oil prices are expected to go up by more than P1 per liter this week due to market speculations of a possible production freeze...

Oil prices dip on oversupply woes

Singapore"•Oil prices extended losses in Asia on Wednesday after industry data showed a rise in US crude stockpiles, supporting oversupply concerns. The American Petroleum Institute...
- Advertisement -spot_img
- Advertisement -spot_img