OPEC Archives - Manila Standard

Oil firms forecast mixed price movements next week

CONSUMERS can expect a mixed oil price movement next week with diesel increasing by up to P0.50 per liter and gasoline with a possible...

Petron’s first-half income reached P5.3b

Oil industry leader Petron Corp. posted a net income of P5.3 billion for the first half of the year, an 11.7 percent decline from...

Big-time oil price rollback next week: DOE

Consumers can expect a big-time oil price rollback across all petroleum products next week of as much as P1.35 per liter to reflect the...

OPEC Fund vows to help PH launch big-ticket projects

The Department of Finance (DOF) said Tuesday it obtained a commitment from the OPEC Fund for International Development (OPEC Fund) for technical assistance to...

OPEC+ weighs fresh production cuts to prop up prices

VIENNA, Austria—There are growing signs that major oil producers led by Saudi Arabia and Russia are considering slashing production further when they meet on...

Diesel fuel price rolled back P0.40, gasoline hiked P0.30, kerosene 10c

The country’s oil firms implemented a mixed price movement effective 6 a.m. Tuesday, with gasoline and kerosene prices going up and diesel costs going...

Gas price hike at P2.80/l today, diesel up P1.70/l

Gasoline prices are expected to go up P2.80 a liter on Tuesday as world oil prices surged following the decision of Saudi Arabia and...

Oil prices climb as OPEC, allies announce major cut in production

New York, United States—Oil prices climbed Wednesday as OPEC and its Russia-led allies announced a major cut in output, while a stocks rally ran...

OPEC+ expected to slash oil output

By Kiyoko Metzler Major oil producers led by Saudi Arabia and Russia were set to meet Wednesday as reports said they were mulling an output...

Crude prices rally as OPEC mulls over output reduction

Hong Kong, China—Oil prices jumped more than three percent in Asian trade Monday as reports said OPEC and other top producers considered slashing output. WTI...

Biden seeks to persuade Saudi Arabia to pump more oil as prices soar

Joe Biden will make his first visit as US president to Saudi Arabia on Friday, where he will seek to persuade Riyadh to pump...

‘Oil at P80-P90/l till yearend’

Industry executive tells Senate: Expect no relief from soaring prices Pump prices will continue to go up and continue to hover at an average of...

Oil prices rise even as OPEC boosts output

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...

Oil price rises even as OPEC boosts output more than expected

Oil prices rose Thursday despite an agreement by major crude producers to boost output more than expected, while US stocks rallied ahead of closely-watched...

Tag: OPEC

Oil firms forecast mixed price movements next week

Petron’s first-half income reached P5.3b

Big-time oil price rollback next week: DOE

OPEC Fund vows to help PH launch big-ticket projects

OPEC+ weighs fresh production cuts to prop up prices

Diesel fuel price rolled back P0.40, gasoline hiked P0.30, kerosene 10c

Gas price hike at P2.80/l today, diesel up P1.70/l

Oil prices climb as OPEC, allies announce major cut in production

OPEC+ expected to slash oil output

Crude prices rally as OPEC mulls over output reduction

Biden seeks to persuade Saudi Arabia to pump more oil as prices soar

‘Oil at P80-P90/l till yearend’

Oil prices rise even as OPEC boosts output

Oil price rises even as OPEC boosts output more than expected

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