Sunday, May 3, 2026
Today's Print

Tag: global oil prices

Philippine industries back national energy emergency

The Federation of Philippine Industries (FPI) on Wednesday backed the declaration of a national energy emergency under Executive Order No. 110, calling the move...

Israel hits Tehran, Beirut; Iraq gets deeper into war

 TEHRAN – Israel launched a wave of strikes on Tehran and Beirut on Tuesday while attacks in Baghdad drew neighbouring Iraq deeper into the...

LTFRB OKs fare hikes for provincial buses effective March 15

The Land Transportation Franchising and Regulatory Board (LTFRB) has approved new fare adjustments for provincial buses effective March 15, even as the agency prepares...

House keen on letting Marcos cut excise taxes on fuel products

The House of Representatives has committed to pass a measure authorizing President Ferdinand Marcos Jr. to reduce excise taxes on petroleum products amid rising...

Another round of oil price hikes seen next week

CONSUMERS can expect another round of oil price hike next week of as much as P1.60 per liter on the continued volatility of global...

P1.10/l oil price rollback seen

PBBM: No major economic disruptions but warns vs. price gouging Global oil prices softened as the ceasefire deal between Israel and Iran continued to hold...

Marcos says economic impact of Israel-Iran war ‘manageable’

President Ferdinand "Bongbong" Marcos Jr. said he expects no major economic disruptions stemming from the recent Israel-Iran conflict, citing the rapid stabilization of global...

Inflation pressures ebbing

Inflation pressures appear to be softening up, which is good news for everybody. Global oil prices, the main culprit behind soaring inflation, along with COVID-19...

Petrol price hits record high at UK pumps

The price of petrol in Britain hit a record high of 149.94 pence ($2.05) per litre, the RAC motoring organisation said on Monday. The previous...

Economists see average inflation at 4.3% this year

Private sector economists see higher inflation rate this year on increasing global oil prices and supply disruptions because of quarantines imposed by the government...
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