Brussels, Belgium—European Union member states are close to agreeing on a $60 per barrel price cap on Russian oil, diplomats said Thursday, with just...
Russia's economy may face multiple long-term challenges, but for now energy exports appear to be helping it ride out Western sanctions imposed over the...
Oil industry experts predict pump prices of petroleum products will decline for the fourth straight week.
For instance, Unioil Petroleum Philippines, In its fuel price...
The Ukraine-Russia war has exposed the vulnerability of the Philippines to geopolitical tensions. Short of oil and gas discoveries, the nation has time and...
Oil prices fell Wednesday on worries over weakening demand in the slowing global economy as Federal Reserve Chief Jerome Powell acknowledged interest rate hikes...
Leaves matter to Marcos administration
The Palace this week refused to suspend the collection of excise taxes on oil products to provide relief to consumers...
New York, United States—Oil prices rose Thursday despite an agreement by major crude producers to boost output more than expected, while US stocks rallied...
United States Defense Secretary Lloyd Austin affirmed America’s commitment to Philippine security when he met with Defense Secretary Delfin Lorenzana at the Pentagon on...
France's TotalEnergies said Tuesday it had decided to halt all oil and oil-related purchases from Russia by year end at the latest.
"Given the worsening...
Oil prices extended their rally Tuesday on supply worries as European leaders debated banning imports from Russia, though equities stood their ground despite a...
