Price

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…

Bigger oil price hike looms on April 26; gas, diesel prices to increase by at least P3 per liter

  (Eagle News) – Another oil price hike is set next week where gasoline and diesel prices are set to…

12th oil price hike this year: Diesel prices to go up by P8.65 per liter, gasoline prices by P3.40 per liter on March 29

Price hike follows major rollback last week   (Eagle News) – Oil companies are set to implement another price hike…

US, Iran ‘close to deal’ on reviving nuclear pact: State Dept

WASHINGTON, D.C., United States (AFP) - The United States and Iran are near to reaching an agreement over reviving the…

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…

Price of WTI crude oil up 3% as Ukraine crisis intensifies

New York's West Texas Intermediate crude contract rose more than three percent on Tuesday as Russian President Vladimir Putin ordered…

Oil spikes to fresh multi-year peaks

LONDON, United Kingdom (AFP) -- World oil prices vaulted Monday to fresh multi-year pinnacles on strong demand and tight supplies,…

Natural gas market soars to record heights

by Roland JACKSON Agence France-Presse LONDON, United Kingdom (AFP) - European and UK gas prices surged Wednesday to record peaks,…

$80 oil sparks mixed fortunes for world economy

by Benoît PELEGRIN Agence France-Presse LONDON, United Kingdom (AFP) - Oil prices jumped above $80 this week for the first…

Virus highlights OPEC reliance on Chinese oil demand

by Benoît PELEGRIN LONDON, United Kingdom (AFP) -- Fears of an economic slowdown, fuelled by the coronavirus slashing output in…

Oil prices spike after Iranian tanker hit by suspected missile strikes off Saudi coast

  by Amir HAVASI Agence France Presse TEHRAN, Iran (AFP) -- Suspected missile strikes hit an Iranian oil tanker off…

Oil producers to review production cuts’ impact in April: UAE

  DUBAI, United Arab Emirates (AFP) -- Oil producers who agreed last week to trim production to boost prices will…

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