oil

Price rollback for diesel, kerosene set on Tuesday; gasoline prices to remain unchanged

P3/liter rollback for diesel, P3.40 per liter rollback for kerosene   (Eagle News) – Oil companies are set to implement…

US implements G7 sanctions targeting Russian military, gold

WASHINGTON, June 28, 2022 (AFP) - Washington announced steps Tuesday to implement the new sanctions on Russia as agreed by…

Asian markets bounce as China eases quarantine measures; oil prices further increase

  HONG KONG, China (AFP) -- Most Asian markets reversed early losses Tuesday and oil continued its recent rally after…

Biden to call for three-month suspension of federal gas tax as prices skyrocket

WASHINGTON, June 22, 2022 (AFP)   US President Joe Biden will ask Congress Wednesday to suspend the federal gas tax…

Oil prices plunge more than 5% on recession fears

HONG KONG, June 22, 2022 (AFP)  Oil prices plunged more than five percent Wednesday as traders grow increasingly worried that…

Third straight week of oil price hike set on June 21 as global oil prices retreat

3rd oil price hike lower compared to the the price increase in the last two weeks Gas prices to increase…

China’s oil imports from Russia jump 55% on-year: customs

BEIJING, China (AFP) -- China's imports of oil from Russia rose 55 percent in May, customs data showed on Monday,…

South Korean truckers refuse to back down on wage, fuel cost strike; global supply chains affected

  by Yelim LEE Agence France Presse INCHEON, South Korea (AFP) -- South Korean truck drivers staged an eighth day…

Russia earns $98 bn from fuel exports in 100 days of Ukraine war: report

  PARIS, France (AFP) -- Russia earned 93 billion euros ($98 billion) from fossil fuel exports during the first 100…

US gas price hits a record $5 a gallon: auto group

  NEW YORK, United States (AFP) -- The average price of premium gasoline at the pump has surpassed $5 a…

Oil price hike for 2nd straight week: Gas prices to rise by P2.15/liter; diesel to go up by P4.30/liter on Tuesday

  (Eagle News) – Oil prices will again increase tomorrow, Tuesday, June 13, the second straight week of price hike…

Pres. Duterte stresses PHL sovereignty over territorial waters at commissioning of BRP Melchora Aquino

Highlights importance of Coast Guard visibility in West Philippine Sea at event marking 124th PHL independence Day   (Eagle News)…

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