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Ilang oil companies nag-anunsiyo ng rollback sa petrolyo simula Hulyo 27

ABS-CBN News
Updated as of Jul 26 03:04 PM

Nag-anunsiyo ang ilang oil companies na magkakaroon sila ng rollback sa presyo ng produktong petrolyo simula Hulyo 27.  Read more »

Inflation eases in Q2, to remain within target despite rising oil: BSP

ABS-CBN News
Posted at Jul 22 07:28 PM

Average headline inflation eased in the second quarter, and inflation is expected to remain within the government’s target range despite rising prices of crude oil, the Bangko Sentral ng Pilipinas said on Thursday.  Read more »

Palace 'confident' no China oil exploration in Scarborough despite device found

Jamaine Punzalan, ABS-CBN News
Posted at Jul 22 03:45 PM

Malacañang said on Thursday it was "confident" that China was not exploring for oil at Scarborough Shoal in the West Philippine Sea, despite reports that Filipino fishermen found a device use for this effort in the area.  Read more »

Public warned vs unregistered, counterfeit body oil products

ABS-CBN News
Posted at Jul 22 02:43 PM

The Food and Drug Administration on Thursday warned the public against buying unregistered and counterfeit oil products. Read more »

Oil climbs over 4 percent despite rise in US inventories

Stephanie Kelly, Reuters
Posted at Jul 22 12:39 PM

Oil prices rose more than 4 percent Wednesday, extending gains from the previous session as improved risk appetite provided support despite data showing an unexpected rise in US oil inventories. Read more »

SOS: Stranded and shattered seafarers threaten global supply lines

Jonathan Saul and Roslan Khasawneh, Reuters
Posted at Jul 20 03:33 PM

The Delta variant devastating parts of Asia - home to many of the world's 1.7 million commercial seafarers - has prompted many nations to cut off land access to visiting crews, in some cases even for medical treatment.    Read more »

Oil falls $2 after OPEC+ producers agree to raise output

Noah Browning, Reuters
Posted at Jul 19 06:23 PM

Oil prices fell sharply on Monday after OPEC+ overcame internal divisions and agreed to boost output, sparking concerns about a crude surplus as COVID-19 infections rise in many countries. Read more »

Phoenix Petroleum says domestic market share grew despite pandemic

ABS-CBN News
Posted at Jul 19 10:17 AM

 Phoenix Petroleum on Monday said it has kept its position as the third-biggest oil player in the country after its domestic market share grew in May despite the COVID-19 pandemic. Read more »

Top oil producers agree on modest output boost from August

Julia Zappei, Agence France-Presse
Posted at Jul 19 09:02 AM

The world's leading oil producers agreed on Sunday to continue to modestly boost output from August reaching a compromise after the United Arab Emirates blocked a deal earlier this month. Read more »

Presyo ng petrolyo may ika-8 linggong sunod na price hike

ABS-CBN News
Posted at Jul 17 03:31 PM

May P0.20 hanggang P0.30 kada litrong dagdag namang dapat asahan sa diesel at kerosene.  Read more »

Oil prices extend losses on expected supply increase

Reuters
Posted at Jul 15 06:18 PM

Oil prices fell on Thursday, extending losses as investors braced for increased supplies after a compromise deal between leading OPEC producers and as U.S. fuel stocks rose, raising concerns over demand in the world's largest consumer. Read more »

Oil prices drop after Saudi-UAE reach output compromise

Reuters
Posted at Jul 14 08:05 PM

Oil prices dropped on Wednesday after Reuters reported that Saudi Arabia and the United Arab Emirates had reached a compromise over a global supply deal that will allow the UAE to boost its output.    Read more »

THE DAY IN PHOTOS: July 13, 2021

ABS-CBN News
Posted at Jul 13 11:54 PM

Here are the day's top stories in photos. Read more »

DOE aminadong walang magawa sa pagtaas ng presyo ng petrolyo, kuryente

ABS-CBN News
Updated as of Jul 13 07:25 PM

Inamin ng Department of Energy na wala silang magawa sa patuloy na pagtaas ng petrolyo at singil sa kuryente. Read more »

Toil vs oil price increases

Jire Carreon, ABS-CBN News
Updated as of Jul 13 01:01 PM

Members of Anakpawis partylist decry oil price increases during a protest at a gasoline station along Commonwealth Avenue in Quezon City on Tuesday.  Read more »

Oil prices slip amid worries COVID variants may derail recovery

Laila Kearney, Reuters
Posted at Jul 13 12:46 PM

Oil slumped over concerns about spreading COVID-19 variants derailing the global economic recovery that has brought fuel demand to near pre-pandemic levels.   Read more »

Oil prices slip as economic worries offset tightening supplies

Florence Tan, Reuters
Posted at Jul 12 01:31 PM

Crude futures slipped on Monday as concerns over slowing global growth outweighed the prospect of tightening supply after talks among key producers to raise output in coming months stalled. Read more »

Presyo ng petrolyo muling tataas sa Hulyo 13

ABS-CBN News
Updated as of Jul 12 06:22 PM

Ito ang ika-7 sunod na linggong nagkaroon ng pagtaas sa presyo ng petrolyo.   Read more »

Pagkalat ng langis sa nagkabanggaang barko, patuloy na pinipigilan

ABS-CBN News
Posted at Jul 09 10:47 AM

MAYNILA - Mahigit isang araw nang nakataob sa laot ng Baseco Beach sa Tondo, Maynila ang cargo vessel na MV Palawan Pearl na nakasalpukan ang isang foreign multi-purpose vessel Huwebes ng madaling-araw. Read more »

THE DAY IN PHOTOS: July 08, 2021

ABS-CBN News
Posted at Jul 08 11:58 PM

Here are the day's top stories in photos. Read more »