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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

5th oil price hike set February 6

Oil firms will implement an oil price hike for the fifth straight week......»»

Category: newsSource:  philstarRelated NewsFeb 5th, 2024

Another oil price hike set on January 16

Oil firms will observe an oil price increase in the third week of January......»»

Category: financeSource:  philstarRelated NewsJan 15th, 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

Philippines, China agree on improved maritime communications, ‘calm’ approach

The DFA said that Filipino and Chinese diplomats had “frank and productive discussions” to de-escalate the situation in the strategically and economically important waterway during a bilateral consultation on the South China Sea. .....»»

Category: newsSource:  philstarRelated NewsJan 18th, 2024

China urges Philippines to stop provocations in South China Sea

BEIJING, April 1 (Xinhua) -- China urges the Philippines to immediately stop violating China's sovereignty and its provocations on Ren'ai Jiao, and return to observing the spirit of the Declaration on the Conduct of Parties in the South China Sea (DOC), Chinese foreign ministry spokesperson Wang Wenbin said on Monday. Wang made the remarks when asked to comment on a statement made by the Philippine department of.....»»

Category: sportsSource:  abscbnRelated NewsApr 2nd, 2024

China coastguard uses water cannons against Philippine ships in South China Sea

MANILA/SHANGHAI (Reuters) -China’s coastguard said it had taken measures against Philippine vessels in disputed waters of the South China Sea on Saturday, while the Philippines decried the moves, including the use of water cannons, as “irresponsible and provocative”. China’s actions led to “significant damage” and injury to personnel on a civilian boat hired to resupply.....»»

Category: newsSource:  inquirerRelated NewsMar 24th, 2024

Australia, Britain Criticize China for Actions in Hong Kong

SYDNEY - Australia and Britain on Friday criticized China for its actions in Hong Kong and the South China Sea and its support of Russia, after a meeting in which London and Canberra deepened their security ties.The two countries called out 'recent unsafe and destabilizing behavior by China's vessels against Philippine vessels and crew near Second Thomas Shoal in the South China Sea,' in a statement that contain.....»»

Category: newsSource:  manilanewsRelated NewsMar 22nd, 2024

China says it opposes Philippine construction on Nansha Islands

China firmly opposes the Philippine side conducting any form of construction activity on the islands and reefs of China's Nansha Islands that it invaded and illegally occupied, a spokesperson for China's Defense Ministry said Thursday.  "China has indisputable sovereignty over the Nansha Islands and the adjacent waters, which is fully backed by historical and legal evidence," Wu Qian, a spokesperson for the.....»»

Category: newsSource:  philippinetimesRelated NewsJan 26th, 2024

China says it opposes Philippine construction on Nansha Islands

China firmly opposes the Philippine side conducting any form of construction activity on the islands and reefs of China's Nansha Islands that it invaded and illegally occupied, a spokesperson for China's Defense Ministry said Thursday.  "China has indisputable sovereignty over the Nansha Islands and the adjacent waters, which is fully backed by historical and legal evidence," Wu Qian, a spokesperson for the.....»»

Category: newsSource:  manilanewsRelated NewsJan 25th, 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

US-Phl-Japan trilateral security cooperation essential

During the state visit of Japanese Prime Minister Fumio Kishida to the Philippines last November where he delivered a speech before a joint session of Congress, he highlighted the trilateral cooperation between the United States, the Philippines and Japan to protect the freedom of the South China Sea......»»

Category: newsSource:  philstarRelated NewsFeb 18th, 2024

Marcos tells Australia their strategic partnership is more important than ever

MELBOURNE, Australia (AP) — Philippine President Ferdinand Marcos Jr. told Australia’s Parliament on Thursday that the strategic partnership between the two nations was more important than ever with the rule of law and peace in the region under threat from China. Marcos told a special joint sitting of the two chambers during a state visit.....»»

Category: newsSource:  inquirerRelated NewsMar 1st, 2024

Choco Mucho’s Madayag says PVL now more competitive after player movements

The busy offseason in the Premier Volleyball League (PVL) is beneficial for everyone, Choco Mucho star Maddie Madayag said, as it would heighten the competition in the volleyball tourney......»»

Category: sportsSource:  philstarRelated NewsFeb 9th, 2024

18 Pinoy seafarers held in Oman – DFA

The Department of Foreign Affairs is still waiting for information on how several Filipino crewmembers of an oil tanker were allegedly taken hostage by the Iran regime in Oman......»»

Category: newsSource:  philstarRelated NewsJan 12th, 2024

Envoy discusses importance of West Philippine Sea, 2016 arbitral ruling

The Philippine embassy in Ankara hosted a special screening of the West Philippine Sea documentary “Kalayaan: Karapatan sa Karagatan,” aimed to educate viewers on the Philippines’ maritime claims in the West Philippine Sea and its ongoing efforts to resolve the contentious issue......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Marcos: Philippines continues to talk with China

The Philippines will continue its diplomatic engagement with China so as not to heat up tensions in the West Philippine Sea, President Marcos said yesterday as he noted the success of the joint military drills with the US, Japan and Australia in Philippine waters over the weekend......»»

Category: newsSource:  philstarRelated NewsApr 9th, 2024

Marcos: Philippines continues to talk with China

The Philippines will continue its diplomatic engagement with China so as not to heat up tensions in the West Philippine Sea, President Marcos said yesterday as he noted the success of the joint military drills with the US, Japan and Australia in Philippine waters over the weekend......»»

Category: newsSource:  philstarRelated NewsApr 9th, 2024

All systems go for 4-nation naval drills in West Philippine Sea

The Philippines and treaty allies the US, Australia and Japan are embarking on joint naval exercises today – including anti-submarine warfare – in a show of force in the face of China’s growing aggressiveness in pushing its claims in the South China Sea......»»

Category: sportsSource:  abscbnRelated NewsApr 6th, 2024

All systems go for 4-nation naval drills in West Philippine Sea

The Philippines and treaty allies the US, Australia and Japan are embarking on joint naval exercises today – including anti-submarine warfare – in a show of force in the face of China’s growing aggressiveness in pushing its claims in the South China Sea......»»

Category: sportsSource:  abscbnRelated NewsApr 6th, 2024