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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

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

Diesel, kerosene, LPG price rollback set in 1st week of April

Oil firms will implement mixed adjustments in oil prices in the first week of April. .....»»

Category: financeSource:  philstarRelated NewsApr 1st, 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

Oil price hike expected this Holy Week

Oil firms are expected to implement an increase in pump prices on Holy Tuesday, March 26......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 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

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

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

Dominic Roque hindi binigyan ng gas station, ayon mismo sa oil firm

NAGSALITA na rin mismo ang management ng gas company na nasangkot sa mga isyung ibinabato laban sa aktor na si Dominic Roque. Ito ‘yung chismis na binigyan umano ng sariling gasoline station si Dominic na siyang brand ambassador ng oil firm. Ayon sa kumpanya, hindi totoo ang mga balitang ito at kaya sila naglabas ng.....»»

Category: newsSource:  inquirerRelated NewsFeb 24th, 2024

‘Oil, grease still found in Oriental Mindoro waters’

High concentrations of oil and grease remain off the coast of several towns in Oriental Mindoro a year after the motor tanker Princess Empress sank, according to an environmental group......»»

Category: newsSource:  philstarRelated NewsFeb 23rd, 2024

MOU on crude coconut oil export to Europe

The Philippine Coconut Authority has inked a memorandum of understanding with Ares Merchants Philippines Inc. and Limketkai Manufacturing Corp. to jointly produce mosh moah free or EU-compliant crude coconut oil to be refined by the first Filipino-owned refinery in Europe......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 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

Over P1 fuel price hike seen next week

Oil prices are expected to increase next week, according to Department of Energy Oil Industry Management Bureau assistant director Rodela Romero......»»

Category: newsSource:  philstarRelated NewsFeb 17th, 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

Oil prices up for fourth straight week

Here are the oil price adjustments in the last week of January......»»

Category: newsSource:  philstarRelated NewsJan 29th, 2024

Another oil price hike set on January 30

Here is the expected increase in oil prices for the last week of January......»»

Category: newsSource:  philstarRelated NewsJan 26th, 2024

Oil price hike set on January 23

Oil prices are expected to increase next week......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024