oil

Stocks rise, oil falls tracking recession risks

  LONDON, United Kingdom (AFP) -- Stock markets largely rose and oil prices retreated Monday as investors mulled the prospect…

Around P2 per liter rollback set for gasoline, diesel on Aug. 9 amid drop in world crude prices

(Eagle News) – Oil firms are set to implement another big price rollback for oil products, around P2 per liter,…

Most Asian markets up as world oil prices drop to pre-Ukraine war level

  HONG KONG, China (AFP) -- Asian equities mostly rose Friday as a drop in oil prices to pre-Ukraine war…

OPEC+ walks ‘fine line’ between US and Russia

by Emeline Burckel Agence France-Presse LONDON, United Kingdom (AFP) -- The OPEC+ group of oil exporters are set to hammer…

Libya oil production returns to pre-blockade levels: official

  TRIPOLI, Libya (AFP) -- Libya's oil production has returned to the volume recorded before a months-long blockade that paralysed…

Shell profit rockets on high oil prices

  LONDON, United Kingdom (AFP) -- British energy giant Shell said Thursday that its net profit soared more than five-fold…

Russia doing better than expected despite sanctions: IMF

WASHINGTON, United States (AFP) -- Despite damaging Western sanctions imposed on Moscow in the wake of the invasion of Ukraine,…

2nd big price rollback: Gas prices to go down by P5/liter, diesel prices by P2/liter effective July 19

Second straight week of big price rollback caused by tumble in world crude prices (Eagle News) -- Another big price…

Oil dispute sharpens Baghdad-Kurd tensions amid deadlock

by Tony Gamal-Gabriel Agence France-Presse BAGHDAD, Iraq (AFP) -- Iraq's oil wealth is rekindling tensions between federal authorities and the…

Brent oil closes under $100/barrel for first time since April

NEW YORK, United States (AFP) -- Brent oil futures closed Tuesday under $100 a barrel for the first time in…

Big-time oil price rollback set on Tuesday; gas prices to be cut by P5.70/liter; diesel prices by P6.10/liter

Rollback follows drop in world crude prices last week (Eagle News) – A big-time price rollback of oil products is…

Oil rises after sell-off but euro stuck at 20-year low, equities drop

  HONG KONG, China (AFP) -- Oil prices rose Wednesday after suffering a painful drop the previous day, though the…

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