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Oil price rollback expected next week

Lower pump prices for petroleum products are expected next week, with the Department of Energy-Oil Industry Management Bureau assistant director Rodela Romero estimating an oil price decrease of around P1 to P1.20 per liter for gasoline, P0.40 to P0.60 per liter for diesel, and P0.45 to P0.65 per liter for kerosene......»»

Category: newsSource:  philstarRelated NewsFeb 10th, 2024

Mixed adjustments in oil prices set before Holy Week

Oil firms will implement mixed adjustments in oil prices on Tuesday, ahead of Holy Week. .....»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Oil prices to go down on March 12

Oil firms will observe a decrease in oil prices on March 12......»»

Category: financeSource:  philstarRelated NewsMar 11th, 2024

The Daily Guardian: Competitive Battle for Market Share Arises as U.S. Oil Production Soars

Title: Saudi Arabia Struggles to Stabilize Oil Prices Amid Rising US Production In a bid to support oil prices, Saudi Arabia and its OPEC+ allies.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 10th, 2024

European markets plunge on new virus strain

European stocks, oil prices, and the pound slumped Monday as a highly infectious strain of coronavirus in Britain had traders seeking shelter.Sterling lost 1.3 percent against the dollar, with the pound also still being hit as a post-Brexit trade deal between Britain and the EU remained out of reach.The euro gained 1.0 percent against the […].....»»

Category: newsSource:  balitaRelated NewsApr 9th, 2024

Global oil demand to grow by 1.9 million bpd in 2024

LONDON (Reuters) -Global oil demand will grow by 1.9 million barrels per day (bpd) this year, according to a prediction by energy research company Wood Mackenzie, a forecast close to the Organisation of the Petroleum Exporting Countries’ (OPEC) estimate for 2024. In remarks shared with delegates at a Wood Mac briefing on Wednesday during the.....»»

Category: newsSource:  inquirerRelated NewsMar 1st, 2024

PH Secures PHP 222-B Investment from Germany

The Philippines has secured a substantial USD 4 billion (equivalent to PHP 222 billion) in investments across diverse sectors during President Ferdinand R. Marcos Jr.’s visit to Germany. President Marcos unveiled this information on Wednesday morning’s Facebook post, underlining the significance of these deals with Germany, a notable player in the European Union. Drawing on […].....»»

Category: newsSource:  metrocebuRelated NewsMar 14th, 2024

Prices

To most Filipinos, their No. 1 problem is prices – high prices. Of nearly everything. The rate of increase in prices is inflation. Most people don’t understand what inflation means. But they know when prices are high, or are exceedingly high......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Oil price hike set on April 9

Oil firms will observe an increase in oil prices in the second week of April......»»

Category: newsSource:  bulatlatRelated NewsApr 8th, 2024

Oil price cut set on March 12

Oil firms will implement a decrease in oil prices on March 12......»»

Category: financeSource:  philstarRelated NewsMar 11th, 2024

Women activists to Marcos: provide jobs, lower prices, not cha-cha

For working women and mothers, the Marcos Jr. presidency should provide jobs, decent wages, and lower prices of commodities to address economic woes and not tinker with the Constitution......»»

Category: newsSource:  davaotodayRelated NewsMar 11th, 2024

Oil prices hit fresh five-month high

Oil prices scored fresh five-month peaks Wednesday on unrest in the crude-rich Middle East and an OPEC+ call for its members to maintain its strategy of reducing output......»»

Category: financeSource:  philstarRelated NewsApr 4th, 2024

Oil prices set to roll back on February 27

Oil firms will implement a rollback in pump prices in the last week of February. .....»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

Pump prices up on February 20

After last week’s oil price rollback, oil firms will implement another round of increase in pump prices this week. .....»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

Oil prices headed for weekly gains as Israel rejects ceasefire offer

(Reuters) – Oil prices rose in early trade on Friday, on track for weekly gains, with tensions persisting in the Middle East after Israel rejected a ceasefire offer from Hamas. Brent futures climbed 8 cents, or 0.1%, to $81.71 a barrel by 0119 GMT, while U.S. West Texas Intermediate crude futures rose 17 cents, or.....»»

Category: newsSource:  inquirerRelated NewsFeb 9th, 2024

As prices increase, farmers demand repeal of Rice Liberalization Law

“Farmers and consumers are demanding the strengthening of the rice industry as a solution to the perennial rice inflation, now nearing an all-time high rate that is expected to continue until July." The post As prices increase, farmers demand repeal of Rice Liberalization Law appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsApr 15th, 2024

Egg retail prices drop due to low demand

Egg traders are reeling from the decreasing farmgate and retail prices as well as from low demand for the poultry product, according to Gregorio San Diego, chairman of the United Broiler Raisers’ Association......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024

Fuel prices rise by 50¢ per liter amid Russia export ban

MANILA, Philippines —Fuel pump prices will increase by P0.50 per liter starting Tuesday, March 5, due to Russia’s six-month export ban. However, diesel prices will decrease by P0.40 per liter and kerosene by P0.35 per liter, as reported by local oil firms. Shell and Seaoil will implement the price adjustments by 6 a.m. while CleanFuel.....»»

Category: newsSource:  inquirerRelated NewsMar 4th, 2024

Cebu Daily Newscast: Fuel prices: Big time hikes for gasoline, diesel start Tuesday

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Monday, February 19, 2024. Fuel prices: Big time hikes for gasoline, diesel start Tuesday Local oil firms have announced big-time increases in the pump prices of petroleum products effective on Tuesday, February 20, and.....»»

Category: sportsSource:  abscbnRelated NewsFeb 19th, 2024

Fuel prices in Cebu City as of Feb. 6: Gasoline up by 75 centavos, diesel by P1.50

CEBU CITY, Philippines — Another round of increase in fuel prices greeted motorists on Tuesday, February 6. Local oil firms announced in separate advisories that the prices of gasoline will increase by 75 centavos per liter and diesel by P1.50 per liter. Meanwhile, kerosene was up by 80 centavos per liter. The Department of Energy.....»»

Category: newsSource:  inquirerRelated NewsFeb 6th, 2024