Saturday, December 20, 2025
Today's Print

Tag: Organization of Petroleum Exporting Countries

Gas price hike at P2.80/l today, diesel up P1.70/l

Gasoline prices are expected to go up P2.80 a liter on Tuesday as world oil prices surged following the decision of Saudi Arabia and...

Oil price rollback less than P1/liter likely next week

Pump prices of petroleum products are expected to roll back next week, oil industry sources told the Standard on Friday. Citing oil trading results from...

Government urged to handle highs, lows: Diesel prices seen going up by P2.70

Oil companies are set to implement another round of fuel price increases next week, industry observers said. A GMA News Online report, citing an industry...

Taming inflation rate a big challenge to policy makers

The twists and turns of the Ukraine war are causing global oil prices to gyrate. Consumers across the globe are feeling the pinch from...

Global oil prices still soar despite OPEC output, hike by 648k bpd

Oil prices rose again in the global market on Thursday (Friday in Manila) despite an agreement by major crude producers to boost output more...

No stopping inflation

The twists and turns of the Ukraine war are causing global oil prices to gyrate. Consumers across the globe are feeling the pinch from...

OPEC+ members to agree on slight oil output increase

VIENNA, Austria--OPEC+ members meeting on Thursday are expected to agree a marginal increase in oil production, bolstered by risks to demand amid coronavirus restrictions...

P1 price cut on gas up; diesel, kerosene steady

Consumers can expect a rollback in gasoline prices starting Tuesday of as much as P1 per liter amid the softening of prices in the...

Oil producers agree on slight output increase

London, United Kingdom—Major oil producers agreed Thursday to continue modestly raising output despite pressure from the United States and other big consumer nations to...

Major oil producers to assess production as prices escalate

LONDON—Major oil producers on Thursday are expected to continue planned moderate output increases despite pressure to further ramp up production amid soaring prices. The 13...

OPEC+ sticks to planned output despite soaring prices

LONDON—The Organization of Petroleum Exporting Countries (OPEC) and its key allies decided at a meeting on Monday to stick to planned moderate increases in...

Major oil producers keep small output hike

London—The world’s leading oil producers on Wednesday upheld a deal reached just over a month ago to boost output gradually despite US pressure to...

Consumers told to brace for oil price increase

Consumers can expect higher fuel prices next week of as much as P0.50 per liter to reflect the movement in world oil prices. “Expect fuel...

Oil price hike seen at P0.70/liter

Consumers can expect higher pump prices this week of as much as P0.70 per liter to reflect the movement of prices in the world...
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