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Producer prices decline at slower pace in March

Factory gate prices contracted at a slower pace in March from the previous month due mainly to the slower decline in the prices of petroleum products, according to the Philippine Statistics Authority ......»»

Category: financeSource:  philstarRelated NewsMay 5th, 2024

Traders, middlemen blamed for soaring commodity prices

The soaring prices of basic commodities in the market despite the wide gap in farmgate and retail prices are brought by as much as 200 percent profit of middlemen and traders, according to administration lawmakers......»»

Category: newsSource:  philstarRelated NewsMay 3rd, 2024

‘Traders must explain soaring prices of goods in probe’

Traders and middlemen must give the proper responses to congressmen, once the House committee on trade and industry continues its inquiry on the soaring prices of basic goods despite plunging farmgate prices, Speaker Ferdinand Martin Romualdez said last Monday......»»

Category: newsSource:  philstarRelated NewsApr 30th, 2024

Presyo Merkado: Current prices of food in Metro Cebu markets

Presyo Merkado is a daily guide to the prices of goods in different markets around Metro Cebu. Stay updated by checking our site and social media platforms every morning. (UPDATED) CEBU CITY, Philippines —It is almost payday! What are you planning to buy in the market? You may check the prices of goods and commodities.....»»

Category: newsSource:  inquirerRelated NewsApr 11th, 2024

Factory gate prices decline in January

Producer prices of manufactured goods contracted in January due mainly to the slower increase in prices of computer, electronic and optical products, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

High rice prices to persist until September – DA

Despite sufficient rice stocks in the first half of the year, elevated rice prices may persist until September due to high international prices caused by the El Niño phenomenon, according to the Department of Agriculture......»»

Category: newsSource:  philstarRelated NewsFeb 8th, 2024

Flower prices seen to increase ahead of Valentine’s Day

According to some vendors, flower prices might double or triple next week, citing the anticipated high demand and steep prices of suppliers......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

Mixed adjustments on fuel today

Separate advisories from oil companies announced mixed price adjustments on fuel products effective today......»»

Category: newsSource:  philstarRelated NewsMar 5th, 2024

Big-time oil price cut expected on May 14

Another big-time oil price rollback is expected during the second week of May......»»

Category: newsSource:  philstarRelated NewsMay 10th, 2024

Big-time oil price rollback expected on May 7

A big-time oil price rollback is expected on the first week of May......»»

Category: financeSource:  philstarRelated NewsMay 3rd, 2024

Vape refill cartridges with marijuana oil seized by PDEA-12

Agents of the Philippine Drug Enforcement Agency-12 confiscated 51 vape refill cartridges said to contain marijuana oil in an entrapment operation in Barangay Apopong in General Santos City on Thursday afternoon......»»

Category: newsSource:  philstarRelated NewsApr 12th, 2024

El Niño to slash coconut oil exports

The El Niño phenomenon is seen pulling down the country’s coconut oil exports by a fifth in market year 2024-2025 to 900,000 metric tons, according to an international agency......»»

Category: financeSource:  philstarRelated NewsApr 10th, 2024

Man-made disasters cost Philippines 164.87 mln USD in 2023

MANILA, March 26 (Xinhua) -- Man-made disasters caused the total damage in the Philippines worth 9.29 billion pesos (164.87 million U.S. dollars) in 2023, the Philippine Statistics Authority (PSA) said Tuesday. The agency said that out of the total annual damage, 4.93 billion pesos (87.5 million dollars), or 53.1 percent, was due to the oil spill. "The reported oil spill in various regions resulted in dam.....»»

Category: newsSource:  manilanewsRelated NewsMar 26th, 2024

Big-time oil price hike amid Holy week exodus

Big-time oil price hike amid Holy week exodus.....»»

Category: newsSource:  sunstarRelated NewsMar 25th, 2024

Garcia backs DOE’s oil, gas search proposal in Alegria

Garcia backs DOE’s oil, gas search proposal in Alegria.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 2024

Oil spill along Magallanes-Skyway hurt motorists due to slippery roads

A truck loaded with coconut oil rammed into one of the Skyway posts on Saturday morning, resulting in slippery roads that injured multiple motorcycle riders and passengers......»»

Category: newsSource:  philstarRelated NewsMar 9th, 2024

DOE backs emergency takeover of oil industry

The Department of Energy is ready to take over oil firms in case of a national emergency after the Supreme Court upheld its emergency takeover power......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

SC: DOE may take over oil industry in emergencies

The Supreme Court has ruled that the Department of Energy may take over oil industry operations in times of emergency upon the directive of the country’s president......»»

Category: newsSource:  philstarRelated NewsMar 6th, 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

Argentine oil producers rebel against Milei government

A number of regions have threatened to withhold supplies in what has turned into a standoff with the president Argentina's key oil-producing provinces have threatened to cut supplies to the rest of the country if President Javier Milei presses ahead with a plan to slash funding and withhold billions in federal tax rev.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 27th, 2024