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No food, oil shortage despite Russia-Ukraine crisis: DOF

Jessica Fenol and Jekki Pascual, ABS-CBN News
Posted at Apr 05 05:11 PM

Finance Secretary Carlos Dominguez on Tuesday allayed fears of food and oil shorage amid the ongoing tension between Russia and Ukraine. Read more »

Oil extends rally on Russia sanctions bets, stocks edge higher

Agence France-Presse
Posted at Apr 05 03:46 PM

European Union officials were discussing new measures against Moscow after reports -- denied by the Kremlin -- that troops had executed civilians. 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 »

Inflation quickens to 4 percent in March

ABS-CBN News
Updated as of Apr 05 12:51 PM

Inflation for the month of March quickened as prices of fuel and other basic commodities increased, the state statistics bureau said Tuesday. Read more »

Twitter shares take wing, oil prices rebound

Agence France-Presse
Posted at Apr 05 08:40 AM

Stock markets were relatively subdued on Monday while oil prices rose as Western nations eyed more sanctions on Russia, but Twitter stood out as its shares soared after Elon Musk purchased a major stake in the social network. Read more »

Stocks up, oil steady on easing supply, inflation concerns

Agence France-Presse
Posted at Apr 04 08:18 PM

Stock markets climbed and oil prices steadied Monday on easing concerns over tight crude supplies and decades-high inflation, traders said. Read more »

Comelec to decide on fuel subsidy appeal on Thursday

ABS-CBN News
Posted at Apr 04 04:58 PM

The Comelec will decide on April 7 on the LTFRB's appeal to proceed with its fuel subsidy. 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 »

Petrolyo may bawas-presyo sa Abril 5

ABS-CBN News
Updated as of Apr 04 08:16 PM

Nag-anunsiyo ngayong Lunes ang mga kompanya ng langis ng rollback sa presyo ng kanilang mga produkto. Read more »

Oil prices forecast to fall by about P2/liter next week

ABS-CBN News
Updated as of Apr 02 04:46 PM

Oil prices are estimated to go down by around P2 per liter next week, according to industry estimates. Read more »

LPG may P3 taas-presyo; langis may dagdag-bawas

ABS-CBN News
Posted at Apr 01 07:33 PM

May taas-presyo na mahigit-kumulang P3 kada litro sa liquefied petroleum gas o LPG ngayong Abril. 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 »

March inflation likely within 3.3 to 4.1 pct range

ABS-CBN News
Posted at Mar 31 12:02 PM

Inflation for the month of March could have settled within the 3.3 percent to 4.4 percent range, the Bangko Sentral ng Pilipinas said Thursday. Read more »

[OPINION] The Great Reed Bank Robbery

Dean Dela Paz
Posted at Mar 31 08:38 AM

Our energy security--in view of debilitating oil prices--and our overall sovereignty have each wormed into the 2022 electoral discourse. Read more »

Germany girds for gas rationing, Europe on edge in Russian standoff

Joseph Nasr and Vera Eckert, Reuters
Posted at Mar 30 08:47 PM

Germany triggered an emergency plan to manage gas supplies on Wednesday that could see gas rationing over a Russian demand to pay for fuel with roubles. Read more »

Tricycle drivers hirap kumita dahil sa oil price hikes

ABS-CBN News
Posted at Mar 30 10:39 AM

Kuwento pa nila na lumalagpas ang kita nila ng P700 kada araw noong 2021. Pero ngayon, hindi na lumalagpas sa P300 ang nabubulsa nila. Read more »

Dahil sa oil price hike, tricycle driver tumigil sa pamamasada

ABS-CBN News
Updated as of Mar 30 08:38 AM

Inabisuhan na ng Department of Energy ang publiko sa posibleng tuloy-tuloy na pagtaas sa presyo ng langis. Read more »

DOTr: Walang galaw sa fuel surcharge, pasahe sa ibang PUV

ABS-CBN News
Updated as of Mar 29 07:31 PM

Sa kabila ng mataas na presyo ng produktong petrolyo, walang plano ang gobyerno na i-adjust ang fuel surcharge sa pasahe sa eroplano pati ang pasahe sa iba pang pampublikong sasakyan. Read more »

Ilang magsasaka nag-aalangan nang magtanim

ABS-CBN News
Posted at Mar 28 07:01 PM

Posibleng mabawasan ang produksiyon ng palay sa susunod na cropping season dahil nagdadalawang-isip umano ang mga magsasaka sa Luzon kung magtatanim pa sila. 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 »