oil

Bank of Japan says no tightening as oil stirs inflation

TOKYO, Japan (AFP) -- Japan's central bank chief said on Friday the country will likely reach its key two-percent inflation…

IEA urges ’emergency measures’ to cut oil use over supply fears

PARIS, France (AFP) -- The International Energy Agency on Friday urged governments to urgently implement measures to cut global oil…

Oil surges back up on Russia tensions

  LONDON, United Kingdom (AFP) -- Oil prices soared Thursday on tensions surrounding key producer Russia, as equities diverged with…

DOF says P147 billion expected to be collected this year from taxes on fuel

Claims suspending fuel excise tax would largely benefit the rich   (Eagle News) – Finance Secretary Carlos Dominguez III said…

IEA cuts oil demand outlook, fears Russia supply ‘shock’

PARIS, France (AFP) - The International Energy Agency cut its world oil demand forecast for 2022 on Wednesday, warning that…

British PM to meet Saudi, UAE leaders as war roils oil prices

ABU DHABI, United Emirates (AFP) - British Prime Minister Boris Johnson was to lobby Saudi Arabia and the United Arab…

Brazil assures US it will increase oil production

  BRASILIA, Brazil (AFP) -- The Brazilian government on Monday assured the United States it will increase its oil production,…

WTI crude dives below $100 on China demand concern

HONG KONG, China (AFP) -- WTI crude dived more than five percent Tuesday to fall back below $100 a barrel…

Wall Street slumps as oil drops, Europe gains

  NEW YORK, United States (AFP) -- US equities suffered in Monday's trading despite hopes for progress in peace talks…

France announces 2.0-bn-euro fuel aid package

by Jérémy MAROT / Juliette VILROBE Agence France-Presse PARIS, France (AFP) - The French government has announced a package worth…

Diesel prices forecast to rise by P12 per liter, gasoline prices by P7 per liter

(Eagle News) –Oil prices are again forecast to increase next week, by at least P12 per liter for diesel and…

Saudi oil refinery hit by drone attack

RIYADH, Saudi Arabia (AFP) -- A drone attack on an oil refinery in the Saudi capital caused a small fire…

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