News Articles on {?keyword?} | ABS-CBN News

Tsuper dumadaing dahil 90 porsiyento ng kita, napupunta sa krudo

ABS-CBN News
Posted at Jun 11 07:58 PM

Nagkaroon man ng dagdag-piso sa pamasahe, nananatiling P200 lamang ang kaniyang take-home pay sa loob ng 24 oras na biyahe dahil sa tumal ng pasahero. Read more »

Big time oil price hike set on Tuesday June 7

ABS-CBN News
Updated as of Jun 06 03:16 PM

Another big time oil price hike looms, as Western nations imposed more sanctions on Russia over its invasion of Ukraine, and demand for fuel increased. Read more »

Dutch, Germany to jointly drill for gas in North Sea

Agence France-Presse
Posted at Jun 02 08:26 AM

The Netherlands and Germany are to jointly drill for a new gas field in the North Sea, the Dutch government said, a day after Russia cut gas supplies to the country. Read more »

Duterte: Next gov’t should mull using nuclear energy

John Gabriel Agcaoili, ABS-CBN News
Posted at May 24 01:27 AM

However, Duterte still echoed the warnings of experts that there are risks of using a nuclear power plant, such as radiation leaks. Read more »

Pilipinas Shell posts P3.5-B net income in first quarter 2022

ABS-CBN News
Posted at May 12 03:39 PM

Pilipinas Shell Petroleum Corp on Thursday said it had a strong start to the year 2022 with its net income hitting P3.5 billion in the frist quarter. Read more »

IEA lowers world oil demand outlook on China lockdowns

Agence France-Presse
Posted at Apr 13 05:48 PM

Global oil demand will be slightly lower than forecast this year in the wake of strict Covid lockdowns in China, the world's biggest importer of crude. Read more »

BSP: Ukraine war may push inflation towards 5 pct

Warren de Guzman, ABS-CBN News
Posted at Apr 12 07:22 PM

The Bangko Sentral ng Pilipinas said inflation reach 5 percent within the year due to uncertainties triggered by the Russian invasion of Ukraine. Read more »

ASEAN research group sees 2022 PH inflation at 4.1 pct

Warren de Guzman, ABS-CBN News
Posted at Apr 12 02:13 PM

AMRO said it expects inflation to average 4.1 percent this year, slightly above the 2 to 4 percent target range of the government. Read more »

Japan releasing 15-M barrels of oil to tame market

Kyodo News
Posted at Apr 07 06:02 PM

The release, tapping both private and state reserves, will be the largest such move by Japan. Read more »

Shell to take hit of up to $5-B on Russia exit

Agence France-Presse
Posted at Apr 07 04:33 PM

British energy giant Shell warned Thursday that it would take a hit of up to $5 billion (4.6 billion euros) on its exit from Russia, following Moscow's invasion of Ukraine. Read more »

Bigger oil price hikes seen if Ukraine crisis persists

ABS-CBN News
Posted at Apr 05 09:57 AM

There could be bigger oil price hikes if the ongoing conflict between Russia and Ukraine drags on, an economist said Tuesday. Read more »

Asian markets mixed as strong US jobs data boosts rate hike bets

Agence France-Presse
Posted at Apr 04 02:28 PM

Asian markets were mixed Monday as another strong jobs report provided some reassurance that the recovery in the US economy remained on track. Read more »

WTI crude down more than 5 pct as US mulls tapping reserves

Agence France-Presse
Posted at Mar 31 02:39 PM

WTI prices plunged more than 5 percent Thursday on reports the United States is considering releasing a million barrels a day for several months to address a supply crisis caused by Russia's war with Ukraine. Read more »

UAE says will work with OPEC+ to stabilize oil market

Reuters
Posted at Mar 28 03:33 PM

He said the UAE was doing its best to raise capacity to 5 million barrels per day (bpd) but that did not mean it wanted to act on its own or leave OPEC+ Read more »

Mga magsasaka problemado sa presyo ng krudo, pataba

ABS-CBN News
Posted at Mar 23 09:29 AM

Sa unang pagkakataon nitong 2022, nagpatupad ng rollback sa mga presyo ng mga produktong petrolyo ang mga oil companies nitong Martes. Read more »

Oil surges anew on Russia tensions

Agence France-Presse
Posted at Mar 17 07:23 PM

The price of Brent North Sea crude jumped to back above $100 per barrel after Russia rejected a ruling from the UN's top court to suspend its Ukraine offensive. Read more »

Ilang tsuper ng jeep lumipat na sa e-buses

Reiniel Pawid, ABS-CBN News
Posted at Mar 16 09:04 AM

Ilang mga tsuper ng jeep ang lumipat na sa pamamasada ng e-buses sa Quezon City kasunod ng pagsirit ng presyo ng produktong petrolyo sa bansa. Read more »

House committee OKs amendments to oil deregulation law

Jekki Pascual, ABS-CBN News
Posted at Mar 15 02:47 PM

The House Committee on Energy on Tuesday approved the amendments to the Oil Deregulation Law as prices of petroleum products continued to increase. Read more »

WTI crude dives below $100 on China demand concern

Agence France-Presse
Posted at Mar 15 11:27 AM

WTI crude dived more than five percent Tuesday to fall back below $100 a barrel as concerns about a possible slowdown in China's economy lead investors to rethink their expectations for demand. Read more »

WTI oil price sinks 5 percent on Ukraine peace hopes

Agence France-Presse
Posted at Mar 14 09:47 PM

US benchmark oil West Texas Intermediate slid Monday on Ukraine peace hopes and after major consumer China imposed a Covid lockdown on the tech hub of Shenzhen. Read more »