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How Oil Prices Shape Your Daily Life

Ever thought about why crude oil prices matter? They seem like numbers on a screen, but they actually have an effect on what we pay for everyday necessities. Crude oil is what keeps the world going. It’s what fuels our cars, trucks, and planes, and it’s used to make items we use, from plastic to […].....»»

Category: newsSource:  metrocebuRelated 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

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 price hike expected on February 20

After last week’s price rollback, another oil price hike is expected to be implemented by oil firms next week......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 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 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

Philippines gross int l reserves level settles at 103.4 bln USD in April

MANILA, May 7 (Xinhua) -- The Philippines' gross international reserves (GIR) decreased to 103.4 billion U.S. dollars at the end of April from 104.1 billion dollars at the end of March, the Philippine central bank said Tuesday. The Bangko Sentral ng Pilipinas (BSP) said the latest GIR level represents a more than adequate external liquidity buffer equivalent to 7.7 months' worth of imports of goods and payments.....»»

Category: newsSource:  manilanewsRelated News11 hr. 3 min. ago

BSP prodded to build up forex reserves

The Bangko Sentral ng Pilipinas should continue rebuilding its gross international reserves amid the wide current account deficit and heavy reliance on debt funding, according to Bank of America Global Research......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Hotel101 Global reserves Ticker symbol “HBNB” in Nasdaq SE

Hotel101 Global reserves Ticker symbol “HBNB” in Nasdaq SE.....»»

Category: newsSource:  sunstarRelated NewsFeb 9th, 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

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

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 up for fourth straight week

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

Category: newsSource:  philstarRelated NewsJan 29th, 2024

Big-time oil price rollback set on May 7

Oil firms will implement a big-time oil price rollback in oil products on Tuesday, May 7......»»

Category: financeSource:  philstarRelated NewsMay 6th, 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

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

Mindoro MPAs still exceed grease limits nearly a year after oil spill — study

Residents and environmental advocates renewed their call for accountability and legal protection for the Verde Island Passage as oil and grease levels remained high in several protected areas a year after the oil spill in Oriental Mindoro......»»

Category: newsSource:  philstarRelated NewsFeb 22nd, 2024

Oil Prices Set to Drop After 5 Weeks of Increases

Oil companies to reduce fuel prices on Tuesday, following five consecutive weeks of price increases. Oil prices in Caltex, Cleanfuel, Jetti, Petro Gazz, Seaoil, and Shell are expected to roll back to PHP 0.60 per liter of gasoline and PHP 0.10 per liter of diesel. Meanwhile, Caltex, Seaoil, and Shell are also set to lower […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 13th, 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