Tag: Global Oil Prices

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DOE flags possible fuel price surge: Diesel seen hitting P134/L, Gasoline at P112

Bombo Jireh Jangayo -
Consumers brace for another round of sharp increases as global pressures continue to push local pump prices upward. MANILA — The Department of Energy (DOE)...
International

Five vessels attacked in Gulf amid escalating Iran conflict

Bombo Jireh Jangayo -
AT least five ships were attacked in the Gulf and the Strait of Hormuz on Wednesday, further intensifying the ongoing conflict between Iran and...
International

Day 10 of US–Israel War with Iran: Tehran signals long conflict as oil prices surge past $100

Bombo Jireh Jangayo -
A senior Iranian official has warned that Tehran is prepared for a prolonged conflict with the United States, as tensions escalate on the tenth...
Around the Nation

Oil firms to implement mixed fuel price changes on Dec. 16

Bombo Jireh Jangayo -
MANILA — Oil companies are set to roll out mixed price adjustments on petroleum products starting Tuesday, Dec. 16. One oil company announced that gasoline...
International

Iran Parliament Votes to Close Strait of Hormuz, Raising Global Oil Price Fears

Bombo Radyo Roxas -
Iran's parliament has voted to close the Strait of Hormuz, a vital maritime passage through which 20% of the world’s oil supply flows. Analysts warn...

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The United States has announced additional security cooperation funding...
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MANILA, Philippines — House prosecution panel spokesperson Robert Ace...