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Oil slips on coronavirus fears, strong dollar

Bozorgmehr Sharafedin, Reuters
Posted at Jan 19 11:42 AM

Oil prices fell slightly on Monday as a stronger dollar, fears over soaring COVID-19 cases around the world and the slow pace of vaccination against the coronavirus outweighed a better-than-expected quarterly rebound for China's economy.   Read more »

Oil prices slide in lockdown-driven rout, stocks slip

Roland Jackson, Agence France-Presse
Posted at Oct 29 09:49 PM

Oil prices dived on Thursday on demand fears as more nations go into lockdown to staunch the spread of the coronavirus, while European stock prices slid as investors awaited a eurozone interest rate call and absorbed a barrage of corporate results.   Read more »

Diesel cheaper than bottled water as virus lockdowns disrupt consumption

Art Fuentes, ABS-CBN News
Posted at Apr 21 12:32 PM

Diesel was cheaper than some bottled water brands in convenience stores on Tuesday as the month-long coronavirus lockdown kept millions at home and vehicles off the streets. Read more »

Why the Philippine peso is defying global rout due to COVID 19

Michelle Ong, ABS-CBN News
Posted at Mar 10 12:11 PM

The Philippine peso stood its ground against the dollar Tuesday, defying a global equities tailspin on the back of cheaper oil imports and as investors spooked by the COVID-19 outbreak seek safer, higher yield assets, analysts said. Read more »

Philippines eyes fuel imports from Russia, non-OPEC sources

ABS-CBN News
Posted at May 29 01:30 PM

The Department of Energy on Tuesday said it was looking at sourcing petroleum products outside the Organization of the Petroleum Exporting Countries, including Russia, to build reserves and ease the impact of rising prices. Read more »