Stocks, peso slip on elevated crude prices, concerns over interest hikes
Stocks fell Tuesday and the Philippine peso fell beyond the 56-a-dollar mark on growing concerns over elevated crude prices and ...
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Oil market uncertain, fragmented after Ukraine invasion
By Thomas Urbain HOUSTON, United States—A year after Russia’s invasion of Ukraine, the oil market has become more fragmented and ...
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US inflation eased in July amid falling crude prices
WASHINGTON, United States—Red-hot US inflation cooled slightly in July, which could open the door for the Federal Reserve to dial ...
Read moreOPEC+ walks ‘fine line’ between US and Russia
LONDON, United Kingdom—The OPEC+ group of oil exporters are set to hammer out a new strategy at their meeting Wednesday, ...
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Collateral damage
The Russian invasion of Ukraine, as in any war and geopolitical upheaval, will result in deaths to combatants and innocent ...
Read moreOPEC+ backs another modest oil output hike
LONDON, United Kingdom—Top oil-producing countries led by Saudi Arabia and Russia announced another modest increase in output on Wednesday despite ...
Read moreLeading oil producers to meet amid record crude prices
LONDON, United Kingdom—The world’s top oil-producing countries will meet on Wednesday to discuss a further increase in output, while crude ...
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BSP expects inflation to remain manageable in 2022 and 2023 unless crude prices breach $95 a barrel
Bangko Sentral ng Pilipinas Governor Benjamin Diokno said over the weekend inflation will remain manageable in 2022 and 2023 unless ...
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Crude prices climb to new highs, near $80 a barrel
NEW YORK—World oil prices surged to new multi-year peaks on Tuesday, extending their run after OPEC’s latest production decision, while ...
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OPEC+ sticks to planned output despite soaring prices
LONDON—The Organization of Petroleum Exporting Countries (OPEC) and its key allies decided at a meeting on Monday to stick to ...
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Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.