Wednesday, January 14, 2026
Today's Print

Tag: oil supply

Fuel prices seen mixed next week

Consumers can expect a mixed movement in the prices of petroleum products by next week based on the 4-day trading in Mean of Platts...

Iran may close Strait of Hormuz

20% of global oil supply under threat • US seeks China help to stop closure • EU warns move ‘extremely dangerous’ Iran’s Supreme National Security Council will...

World oil prices jump on tensions, no impact yet on local fuel costs

World oil prices shot up while the dollar and yen advanced Monday after Hamas launched a shock attack on Israel at the weekend, sparking...

DOE sees pressure on oil prices to rise with Russian export halt

The Department of Energy (DOE) on Monday said it will actively monitor the world oil supply situation after the Russian government announced it will...

Pump prices up for 4th week

The country’s oil firms raised the price of gasoline by P1.20 per liter for gasoline, P0.95 per liter for diesel, and P1 per liter for...

DOE assures enough oil supply

The Energy Department assured the public of continuous and sufficient oil supply in the National Capital Region during the 30-day community quarantine from March...

Look for other sources of oil, diesel, Duterte orders agencies

President Rodrigo Duterte has tasked concerned government agencies to look for possible sources of oil, Malacañang said Monday, following attacks in Saudi Arabia’s major...

Malaysia awards oil supply deal to Petron

Petron Corp. has been chosen as one of the Malaysian government’s fuel suppliers, further strengthening its operations in the Southeast Asian country. Petron president Ramon...

Opec considers longer output cut

Oil producers pledged to consider extending their pact limiting supply, as half a dozen nations said more time was needed to drain swollen stockpiles. Five...

Fewer oil discoveries in 2015 signal supply shortfall ahead

By Mikael Holter Explorers in 2015 discovered only about a tenth as much oil as they have annually on average since 1960. This year, they’ll...
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